Greyscae recently sent a letter to the United States Securities and Exchange Commission (#SEC ) expressing concerns about the Shared Surveillance Agreement (SSA) between Coinbase and asset managers seeking a cash #ETF of #Bitcoin .
The investment firm argues that this agreement should not be the only determinant in the regulator's decision-making.
Grayscale challenges the SSA of #Coinbase
The crux of the SEC's hesitation to approve a spot Bitcoin ETF largely hinges on concerns about potential market manipulation. While some believe that Coinbase SSA could be the key to influencing the SEC's decision, Grayscale counters this belief.
#CryptoCriss77 $BTC $ETH $BNB
The investment firm argues that this agreement should not be the only determinant in the regulator's decision-making.
Grayscale challenges the SSA of #Coinbase
The crux of the SEC's hesitation to approve a spot Bitcoin ETF largely hinges on concerns about potential market manipulation. While some believe that Coinbase SSA could be the key to influencing the SEC's decision, Grayscale counters this belief.
#CryptoCriss77 $BTC $ETH $BNB
