Grayscale ‘Encouraged’ by SEC Rulings Ahead of Bitcoin ETF Decision
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Roughly 11,400 comment letters about Grayscale’s application have been submitted to the SEC since November The investment vehicle has traded at a discount of roughly 30% to its net asset value in…
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Trading in the new Bitcoin index options will not begin right away. The SEC approval does not automatically open the door — the Commodity Futures Trading Commission must still grant its own exemptive relief before any contracts change hands on the exchange, because Bitcoin is classified as a commodity and…
SEC delays decisions on Grayscale and Truth Social ETFs, citing need for further review. Grayscale challenges SEC’s delay, claims automatic approval under 240-day rule. XRP ETF decisions may come by October amid continued review of Bitwise’s BITW fund. The U.S. Securities and Exchange Commission (SEC) has extended its review period…