Grayscale urges SEC to approve all Bitcoin ETFs simultaneously By Cointelegraph

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© Reuters.

Crypto fund manager Grayscale is urging the Securities and Exchange Commission (SEC) to approve all proposed spot (BTC) exchange-traded funds (ETFs) at the same time to avoid one having an advantage.

A July 27 post by Grayscale chief legal officer Craig Salm said its legal team submitted a letter regarding eight spot Bitcoin ETF filings — including its own — arguing the SEC shouldn’t pick “winners and losers” and instead make a fair and orderly decision.