This Is Low Long Grayscale vs. SEC Battle Over Bitcoin ETF Might Last
A major legal battle between digital asset giant Grayscale Investments and the US Securities and Exchange Commission (SEC) over the rejected application to convert the Grayscale Bitcoin Trust (GBTC), the world's largest BTC fund, to a spot exchange-trading fund (ETF) might even last two years or longer.
Judges Appear Skeptical of SEC Arguments in Grayscale Bitcoin ETF Hearing
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A panel of judges appeared skeptical of the SEC’s arguments during Tuesday’s appeals court hearing in Grayscale’s ongoing bid to convert its Grayscale Bitcoin Trust (GBTC) into an ETF. This comes as the GBTC discount to net asset value has narrowed to below 35%, its lowest point since Nov. 7, according to data from TradingView. Grayscale Investments Chief Legal Officer Craig Salm weighs in. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).
Grayscale Exec on Appeal of SEC’s Decision on Bitcoin ETF
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The District of Columbia Court of Appeals has set a date to begin hearing oral arguments in Grayscale Investment’s appeal of the SEC’s decision to deny the conversion of the Grayscale Bitcoin Trust (GBTC) into an ETF. Grayscale Investments Chief Legal Officer Craig Salm discusses the case, hopes for a U.S. spot bitcoin ETF approval, and outlook for GBTC. Grayscale is owned by Digital Currency Group, which also owns CoinDesk.
Traditional finance companies creating Bitcoin ETFs is a moment of validation, says Grayscale CEO
Michael Sonnenshein, Grayscale Investments CEO, joins ‘Last Call’ to discuss SEC Bitcoin regulation and what it means for the crypto space. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Bitcoin ETF Countdown Clock ��Bloomberg Intelligence INTERVIEW
The ongoing Bitcoin ($BTC) ETF saga has been a subject of keen interest for institutional investors who are eagerly anticipating the SEC’s approval. On this episode, we take a look at a possible timeline for approval and chances of a denial by the SEC & Gary Gensler.
Guest: James Seyffart, CFA, CAIA ETF Research Analyst Bloomberg Intelligence
00:00 intro
00:20 Bitcoin ETF Status
02:32 Blackrock ETF
04:23 Odds it Gets Approved
08:20 Ripple v SEC Outcome
15:44 Crypto Politics
19:13 Who Gets Approved First?
21:50 Common Clock
23:39 Fidelity Ethereum ETF
26:26 Nasdaq Halts Crypto Plans
28:27 EU Regulation Pressures
31:49 outro
#Bitcoin #Crypto #Ethereum
~Bitcoin ETF Countdown Clock ��Bloomberg Intelligence INTERVIEW~
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