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SEC’s Case Against A Spot Bitcoin ETF Has Weakened- Grayscale CEO

Grayscale CEO Michael Sonnenshein said the SEC’s argument against an exchange-traded fund (ETF) that directly tracks Bitcoin has “significantly weakened. He cited the regulator’s recent approval of a Bitcoin futures ETF as a key factor behind his reasoning. The U.S. Securities and Exchange Commission on Wednesday allowed fund managers NYSE Arca and Teucrium to issue

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Source: coingape.com