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Effort to Reverse SEC Rejection of Bitcoin ETF Wins Broad Crypto, TradFi Support

Regulators rebuffed Grayscale's attempt to convert its bitcoin trust into an ETF. Grayscale has powerful allies as it seeks to overturn that decision.

Grayscale CEO Michael Sonnenshein (CoinDesk archives)
Grayscale CEO Michael Sonnenshein (CoinDesk archives)