Grayscale is hiring a former legal assistant to help force Bitcoin ETF approval
Grayscale Investments has hired a former US solicitor General in preparation for a potential legal spag with the US Securities and Exchange Commission (SEC) if the regulator rejects its application for a spot (BTC) exchange traded fund (ETF) on July 6th.
The company has been waiting for a decision by the SEC to convert its flagship $ 19.8 billion Grayscale Bitcoin Trust (GBTC) into a spot-based ETF since it submitted its application to the regulator on October 19, 2021.
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