Grayscale Submits Legal Letter Protesting SEC's Order to Halt Conversion of Its "Digital Large Cap Fund" into an ETF
According to Foresight News, Bloomberg analyst James Seyffart reported that Grayscale and its legal team have submitted a letter in response to the U.S. Securities and Exchange Commission (SEC)'s "stay" order regarding the ETF conversion of GDLC, arguing that the SEC does not have the authority to take such action.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: AWE rises over 22%, SKY rises over 9%
BNB Chain: Zero-fee transfer promotion for USDC and USD1 extended until December 31
Spot silver hits all-time high
Data: Bitwise BSOL Solana ETF increased its holdings by 93,000 SOL in the past hour
Trending news
MoreCrypto prices
More
