Grayscale Is Suing the SEC, Crypto Markets Remain Flat

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Today’s cryptocurrency markets continue this week’s low volatility trend and sideways trading. While trading volume remained relatively high yesterday, we see further drops in volume this Thursday for significant crypto assets like Bitcoin and Ethereum. The biggest market news of today is a press release highlighting that Grayscale CEO is suing the SEC. Key Points: Grayscale is suing the SEC for not denying its conversion of the Grayscale Bitcoin Trust to a spot Bitcoin ETF. In support of Grayscale, Coinbase and other industry leaders filed an amicus brief supporting the company’s efforts for a spot ETF. Cryptocurrency markets continue to trade

The post Grayscale Is Suing the SEC, Crypto Markets Remain Flat appeared first on The Merkle News.

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