spot bitcoin ETF

The $75 billion asset manager’s digital assets consumer app is on track for national rollout in Q1 of 2023

Coinbase and Blockchain Association have both filed amicus briefs as the lawsuit against the commission moves forward

Conversion to an ETF is the best way to close the discount, chief legal officer says, as firm expects SEC response to its first brief by Nov. 9

The lawsuit was initially filed in June, after the SEC denied Grayscale’s initial application

Chief Compliance Officer Katherine Dowling told CoinDesk TV that litigation is not off the table after the regulator denied its spot bitcoin ETF application

Crypto industry watchers are unconvinced Grayscale can win its lawsuit to overturn the SEC’s decision on its spot bitcoin ETF

The regulator is set to rule on the digital currency asset manager’s proposal to convert its bitcoin trust to an ETF by July 6

Industry execs agree, however, that the launch of a product betting against bitcoin could be a positive signal

Such products, not yet approved in the US, come with risks but are a good access point for institutions, they say

A Bloomberg analyst called the debuts “shockingly timid” compared to similar 2021 launches in Canada

The GEM commitment signals an institutional appetite for an alternative to the long-proposed bitcoin ETF

21Shares and ETF Securities team up to bring crypto exposure to the country while American regulators drag their feet

Osprey Funds CEO Greg King doesn’t expect the agency to approve the GBTC conversion in July

The firm behind Canada’s first bitcoin fund looks to help fund managers “move the needle” in the states

CEO Michael Sonnenshein again said the firm would consider suing the agency if it denies its proposed conversion of GBTC to an ETF

Analysts say the regulator’s decision on the product could strengthen arguments for approving spot ETFs

Fund groups weigh in on how the governmental actions could affect their applications