#DeFiGetsGraded 📈 Grayscale challenges SEC over ETF

Grayscale has challenged the SEC's decision to halt the launch of the large crypto ETF GDLC, calling it unlawful and harmful to investors. Despite approval for converting GDLC into an ETF, the SEC issued a suspension order without explanation. They stated that current investors are suffering due to the delay. The GDLC ETF is expected to include BTC, ETH, XRP, and other assets. If approved, it will become the first multi-asset crypto ETF in the US.

#Grayscale

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