“SEC’s Shallow Approach Is Limiting BTC” Grayscale CEO Takes a Swipe at US Regulators
Grayscale Investments CEO Michael Sonnenshein joins the bandwagon of industry players to call out the U.S. Securities and Exchange Commission (SEC) over its regulatory practices in the sector.
Grayscale, SEC Will Voice Oral Arguments Over GBTC ETF Conversion in March
Grayscale and the U.S. Securities and Exchange Commission will soon have their oral arguments heard in court regarding the conversion of Grayscale Bitcoin Trust into an exchange-traded fund, according to a court filing dated Jan. 23.
Grayscale CEO Says GBTC Investors Will Receive Tender Offer if SEC Fails to Approve ETF
Michael Sonnenshein, the CEO of American digital asset management firm Grayscale Investments, has revealed that investors in the firm’s Bitcoin Trust Fund (GBTC) will receive a tender offer if the United States Securities and Exchange Commission (SEC) fails to approve the product.
Securities and Exchange Commission’s ‘Regulation by Enforcement’ Is Stalling Crypto, Grayscale CEO Says in WSJ
Grayscale Investments CEO Michael Sonnenshein bashed the Securities and Exchange Commission’s “one-dimensional approach of regulation by enforcement” in a letter to The Wall Street Journal.
What is Grayscale Investments?
Grayscale Investments is a company that manages cryptocurrency trusts and other investment products. How does it work? How is it evolving? Let’s see!
Grayscale Sends Reply Brief to SEC in ETF Suit
Grayscale responded to the denial in court by claiming that the SEC had acted arbitrarily in treating spot traded exchange-traded products differently than futures traded products. It stated:
Grayscale Slams SEC's 'Unreasonable' Barring of Spot Bitcoin ETFs
In a new court filing, digital asset management company Grayscale is calling out the U.S. securities regulator for its "illogical" and "fundamentally unreasonable" argument against the approval of a spot bitcoin exchange-traded fund (ETF).
Grayscale Says Recent Events Will Not Affect GBTC Conversion Case Against SEC
Grayscale’s chief legal officer Craig Salm said on Jan. 12 that he does not expect the recent spate of events in the crypto space to impact its case against the SEC.
Questions Raised As Grayscale Reportedly Moved 21K BTC on Dec 31st
Grayscale Investments, an American digital asset manager and a Digital Currency Group (DCG) subsidiary, is reported to have moved about 21K BTC on Dec 31st. The assets were moved at an on-chain realized loss of 60%, significantly impacting the SOPR metric, as it declined to 0.93. While it has raised eyebrows, investigations suggest it was a harmless fund flow.
What is a cryptocurrency ETF?
Crypto-ETFs make it easier for stock market investors, both institutional and retail, to invest in cryptocurrency.
