The SEC should reconsider Grayscale's application to transform the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF.

Meanwhile, following BlackRock, the ticker for the spot Bitcoin ETF from Invesco Galaxy appeared on the DTCC (Depository Trust & Clearing Corporation) website.

Also, the SEC served a subpoena on PayPal over the PYUSD stablecoin - Reuters. #SEC #BlackRock #Bitcoin-ETF #PayPal #PYUSD $BTC