Grayscale Sues SEC Over Bitcoin ETF Application Rejection

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Grayscale Sues SEC Over Bitcoin ETF Application Rejection

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Grayscale CEO Michael Sonnenshein tweeted that his company filed a lawsuit against the U.S.

Securities and Exchange Commission shortly after the regulator rejected an application to convert the Grayscale Bitcoin Trust to an exchange-traded fund.

As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period.

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Article Details

Author / Journalist: Nikhilesh De

Category: Crypto

Topics: ETFs Regulations Grayscale Bitcoin Trust Bitcoin ETF Grayscale SEC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 01:25:04

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 5 minutes read

Article Length: 887 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 21524

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Update Frequency: 22 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 10h ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

News Language: English

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Publisher ID: #8

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