Known as historical legal opponents, the court drag between Grayscale Investments and the United States Securities and Exchange Commission (SEC) does not appear to be ending anytime soon.
SEC Stalling on Bitcoin ETF Options Trading Decision
From current speculations by legal experts in the industry, there are strong possibilities that Grayscale may choose to pursue legal actions against the U.S. securities regulator over the eventual rejection of its Options trading request for its Grayscale Bitcoin Trust (GBTC).
The President of ETF Store Nate Geraci made this speculation on X about the letter that Grayscale sent to the SEC on this subject.
Shortly after the SEC approved eleven spot Bitcoin ETFs from top asset management firms including Grayscale and BlackRock, Grayscale CEO Michael Sonnenshein began to advocate for listed spot Bitcoin ETF Options. For the request to gain traction, he called on industry members to support the push for ETF Options trading.
To bolster his advocacy
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