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Grayscale submits lawyer's letter protesting SEC's order to suspend the conversion of its' Digital Large Cap Fund 'ETF

律动BlockBeats
律动BlockBeats|7月 11, 2025 12:53
On July 11th, according to Bloomberg analyst James Seyfart, Grayscale and its lawyers submitted a letter in response to the US Securities and Exchange Commission's (SEC) "suspension" order on GDLC's ETF conversion, stating that the SEC has no authority to do so. Previously, the US Securities and Exchange Commission (SEC) has suspended the plan to convert Grayscale's Digital Large Cap Fund into an Exchange Traded Fund (ETF) and placed it under further review.
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