“Grayscale supports and believes in the SEC’s mandate to protect investors, maintain fair, orderly, and efficient markets and facilitate capital formation -- and we are deeply disappointed by and vehemently disagree with the SEC's decision to continue to deny spot Bitcoin ETFs from coming to the U.S. market,” said Michael Sonnenshein, Grayscale’s CEO. “Through the ETF application review process, we believe American investors overwhelmingly voiced a desire to see GBTC convert to a spot Bitcoin ETF, which would unlock billions of dollars of investor capital while bringing the world’s largest Bitcoin fund further into the U.S. regulatory perimeter. We will continue to leverage the full resources of the firm to advocate for our investors and the equitable regulatory treatment of Bitcoin investment vehicles.”
- NEW YORK, June 29, 2022 (GLOBE NEWSWIRE) -- Grayscale Investments , the worlds largest digital currency asset manager, today announced that its Senior Legal Strategist, former U.S.
- Since 2013, Grayscale has worked to build the worlds largest Bitcoin investment vehicle: GBTC.
- Grayscale has voluntarily filed registration statements with the SEC that have increased information available to investors, and subjected these products to increased SEC oversight.
- Founded in 2013, Grayscale has a proven track record and deep expertise as the worlds largest digital currency asset manager.