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Benzinga

Business

Adrian Zmudzinski

Grayscale Points Out SEC's Inconsistency In Bitcoin Stop ETF Rejections

Grayscale Bitcoin SEC ETF GBTC Grayscale Investments Crypto Teucrium

Grayscale Investments — the firm behind the world's largest Bitcoin (CRYPTO: BTC) closed-end fund, Grayscale Bitcoin Trust (OTC:GBTC) — highlighted what it believes to be inconsistencies in the way the U.S. Securities and Exchange Commission (SEC) treats cryptocurrency derivatives.

What Happened: Grayscale's legal counsel Davis Polk and Wardwell wrote in a letter to the SEC that its approval for the Teucrium Bitcoin Futures Fund is inconsistent with the regulator's refusal to approve Bitcoin spot exchange-traded funds (ETFs), according to a recent The Block Crypto report.

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Top stories on inkl right now

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

British MP Rupert Lowe has announced plans to end immigration from several developing countries, including Pakistan, Bangladesh, Afghanistan, Somalia and Iran, under his Restore Britain party's proposed policies. Speaking at the party's October 3 conference, Lowe said, “Immigration into Britain from the Third World will end entirely.”

The Economic Times

Democrat James Talarico targets Elon Musk at rally: ‘Texas is not for sale’

Democrat James Talarico targets Elon Musk at rally: ‘Texas is not for sale’

The Senate candidate denounced opponent Ken Paxton, calling out corruption allegations and support from Musk

The Guardian - US

‘A racist terror attack’: Emmanuel Macron condemns deadly shooting near Paris

‘A racist terror attack’: Emmanuel Macron condemns deadly shooting near Paris

"These people were targeted because of their skin colour or perceived religion, and for no other reason," Macron said after meeting officials and residents in Trappes. "There is no place for this in France." Macron also said the suspect's statements indicated that the attack had been planned in advance. Police…

The Times of India

Surging turnout, with Democrats voting more: key takeaways from early voting data

Surging turnout, with Democrats voting more: key takeaways from early voting data

With just 11 days until the US midterm elections, Democrats need a net gain of four seats to reclaim Congress

The Guardian - US

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Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

Stewart suffered heavy damage in a Lap 17 pileup, but the 55-year-old NASCAR legend walked away from the wreck uninjured

Macron condemns ‘racist terrorist attack’ after one killed and five injured in Paris shootings

Macron condemns ‘racist terrorist attack’ after one killed and five injured in Paris shootings

A gunman fired from a vehicle at three locations in the Paris suburbs in what French authorities described as a racially motivated attack

The Independent UK

Related Stories

Top stories on inkl right now

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns

British MP Rupert Lowe has announced plans to end immigration from several developing countries, including Pakistan, Bangladesh, Afghanistan, Somalia and Iran, under his Restore Britain party's proposed policies. Speaking at the party's October 3 conference, Lowe said, “Immigration into Britain from the Third World will end entirely.”

The Economic Times

Democrat James Talarico targets Elon Musk at rally: ‘Texas is not for sale’

Democrat James Talarico targets Elon Musk at rally: ‘Texas is not for sale’

The Senate candidate denounced opponent Ken Paxton, calling out corruption allegations and support from Musk

The Guardian - US

‘A racist terror attack’: Emmanuel Macron condemns deadly shooting near Paris

‘A racist terror attack’: Emmanuel Macron condemns deadly shooting near Paris

"These people were targeted because of their skin colour or perceived religion, and for no other reason," Macron said after meeting officials and residents in Trappes. "There is no place for this in France." Macron also said the suspect's statements indicated that the attack had been planned in advance. Police…

The Times of India

Surging turnout, with Democrats voting more: key takeaways from early voting data

Surging turnout, with Democrats voting more: key takeaways from early voting data

With just 11 days until the US midterm elections, Democrats need a net gain of four seats to reclaim Congress

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

Tony Stewart: Violent Talladega Truck wreck "knocked the wind out of me"

Stewart suffered heavy damage in a Lap 17 pileup, but the 55-year-old NASCAR legend walked away from the wreck uninjured

Macron condemns ‘racist terrorist attack’ after one killed and five injured in Paris shootings

Macron condemns ‘racist terrorist attack’ after one killed and five injured in Paris shootings

A gunman fired from a vehicle at three locations in the Paris suburbs in what French authorities described as a racially motivated attack

The Independent UK

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British Embassy quashes Winnie-the-Pooh return rumors, keeping the famed bear in New York

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The Conversation

“Like We’re Peasants”: Jenna Ortega Enrages Her Fans After Revealing How She Feels About Interacting With Them

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Raw vs fresh: Is this brand's 'Michelin Dog Star' food worth the hype?

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