ICYMI: SEC rejects Grayscale’s bid to convert GBTC to a Bitcoin ETF
"This order disapproves the proposed rule change, as modified by Amendment No. 1.
Still, at the time, Grayscale said it was preparing for all possible outcomes and had beefed up its legal resources in the lead-up to the decision. In the lead-up to the decision, Grayscale said it was committed to converting the product. © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Aislinn Keely joined The Block as a reporter intern in the summer of 2019. She previously helmed her college newspaper, The Fordham Ram, as its editor-in-chief. There, she covered university life and money.
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