SEC shoots down WisdomTree’s BTC spot ETF, cites market manipulation
The U.S. securities regulator previously shot down WisdomTree’s spot ETF application on the same ground, even as Grayscale sues the agency for “discriminatory” ETF rejections.
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Grayscale launches lawsuit against SEC following spot BTC ETF rejection
Grayscale argues that the regulator’s rejection of its bid to convert its GBTC fund to a spot BTC ETF violates the Administration Procedure Act and the Securities Exchange Act of 1934.
SEC seeks public feedback on Grayscale’s BTC spot ETF application
The U.S. regulator is requesting for public feedback on the ETF application, which seeks to convert shares of the Grayscale Bitcoin Trust (GBTC) into a spot ETF, the first of its kind in the U.S. market.