SEC Halts Grayscale's Cryptocurrency ETF Conversion
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币界网报道：The U.S. Securities and Exchange Commission (SEC) has temporarily halted Grayscale Investments' application to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin exchange-traded fund (ETF). The SEC cited the need for additional time to review the proposed rule change, delaying its decision until at least October. Grayscale has been pushing for the conversion, arguing that approving a Bitcoin futures ETF while denying a spot ETF creates an unfair regulatory disparity. The firm recently won a court case against the SEC, with judges ruling the commission's rejection of GBTC's conversion was "arbitrary and capricious."
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