Crypto Groups Support Grayscale in Spot Bitcoin ETF SEC Fight

Oct. 18, 2022, 10:14 PM UTC

Friend-of-the-court brief is filed by Blockchain Association, Chamber of Digital Commerce, Chamber of Progress and Coin Center.

  • Groups argue in Washington federal appeals court that there is strong consumer demand in US for Bitcoin exposure and Bitcoin ETFs provide safe, transparent choices for investors
  • Associations also argue the SEC has applied a double standard in universally disapproving proposals to list spot Bitcoin exchange-traded products
  • Related News: Grayscale Suing SEC After Its Spot Bitcoin ETF Is Rejected

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Peter Blumberg in San Francisco at pblumberg1@bloomberg.net

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