* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, June 8, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Ceramic Dalmatian Entertainment is WLAF’s Business of the Week – WLAF

    Spotlight on Success: Ceramic Dalmatian Entertainment Shines as This Week’s Featured Business!

    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

    9 things to do this weekend in Lake County plus a look ahead – Leesburg Daily Commercial

    Discover 9 Exciting Weekend Adventures in Lake County and What’s Coming Up!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Apple Watch and the future of wearable technology in healthcare – MSN

    Revolutionizing Healthcare: The Future of Wearable Technology with Apple Watch

    ECS Professor Pankaj K. Jha Receives NSF Grant to Develop Quantum Technology – Syracuse University News

    Unlocking the Future: ECS Professor Pankaj K. Jha Secures NSF Grant for Groundbreaking Quantum Technology Development

    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Waunakee Fifth-Graders Dive into the Future at Exciting Tech Day!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Ceramic Dalmatian Entertainment is WLAF’s Business of the Week – WLAF

    Spotlight on Success: Ceramic Dalmatian Entertainment Shines as This Week’s Featured Business!

    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

    9 things to do this weekend in Lake County plus a look ahead – Leesburg Daily Commercial

    Discover 9 Exciting Weekend Adventures in Lake County and What’s Coming Up!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Apple Watch and the future of wearable technology in healthcare – MSN

    Revolutionizing Healthcare: The Future of Wearable Technology with Apple Watch

    ECS Professor Pankaj K. Jha Receives NSF Grant to Develop Quantum Technology – Syracuse University News

    Unlocking the Future: ECS Professor Pankaj K. Jha Secures NSF Grant for Groundbreaking Quantum Technology Development

    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Waunakee Fifth-Graders Dive into the Future at Exciting Tech Day!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Grayscale Urges Fair Rules for Bitcoin ETFs, Challenges Coinbase Surveillance Agreement

July 29, 2023
in General
Grayscale Urges Fair Rules for Bitcoin ETFs, Challenges Coinbase Surveillance Agreement
Share on FacebookShare on Twitter

Grayscale recently submitted a letter to the United States Securities and Exchange Commission (SEC) expressing concerns over the Surveillance Sharing Agreement (SSA) between Coinbase and asset managers pursuing a spot Bitcoin ETF.

The investment firm argues this agreement should not be the sole determinant in the regulator’s decision-making.

Grayscale Challenges Coinbase’s SSA

The crux of the SEC’s hesitance to approve a spot Bitcoin ETF largely hinges on concerns of potential market manipulation. While some believe the Coinbase SSA might be the key to swaying the SEC’s decision, Grayscale counters this belief.

Grayscale’s contention is that an SSA with Coinbase might fall short of meeting regulatory standards, given that Coinbase is not recognized as a registered securities exchange, broker-dealer, or futures exchange in the US.

Grayscale Coinbase Worldwide Interest in ETFs by SectorWorldwide Interest in ETFs by Sector. Source: Statista

Recalling a precedent, Grayscale pointed out that the SEC had, in 2018, turned down an SSA with a spot Bitcoin trading venue because it was not a regulated market equivalent to a national securities exchange.

The investment firm’s letter quotes:

“In 2018, the Commission explicitly rejected the idea that a surveillance-sharing agreement with a spot Bitcoin trading venue could provide an alternative basis for satisfying Section 6(b)(5).”

Grayscale acknowledged the utility of insights derived from the SSA. Still, the firm highlighted that the SEC’s history indicates a preference for information from a regulated, sizeable market.

Read more: Best Crypto Portfolio Trackers in 2023

ETF analyst Nate Geraci views Grayscale’s stance as potentially bullish for ETFs. He opined that Grayscale’s public letter, which critiques Coinbase’s surveillance-sharing agreements, indicates a positive trajectory for ETFs.

A Call for Unbiased Bitcoin ETF Approvals

Further in its communication, Grayscale championed the idea of the SEC embracing an approach that could pave the way for approving all recent Bitcoin ETF filings, even if they come from competitors. The firm emphasized the unfair advantage new approvals might bestow upon certain proposals, disrupting the first-mover advantage:

“Approving only the above-referenced proposals would reflect a positive but sudden and significant change… granting an unfairly discriminatory and prejudicial first-mover advantage to these proposals.”

Read more: Best Bitcoin Exchanges and Platforms in 2023

Consequently, Grayscale proposes that should the SEC green-light recent applications. The regulatory agency should concurrently approve the transition of Grayscale’s Bitcoin Trust into a spot Bitcoin ETF.

This comes amidst an ongoing legal contention between Grayscale and the SEC concerning the regulator’s denial of the firm’s Bitcoin Trust ETF conversion.

Grayscale’s chief legal officer, Craig Salm, stated:

“Whether the SEC ultimately approves a spot Bitcoin ETF following a Court mandate from our lawsuit or following the implementation of more SSAs, to promote investor protection, it should do so in a fair and orderly manner.”

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BeingCrypto – https://beincrypto.com/grayscale-coinbase-bitcoin-etf/

Previous Post

Bitget and MEXC Hope to Benefit From Cross-Platform Exposure by Listing Each Other’s Tokens

Next Post

Asset Managers Embrace Tokenization While Crypto Investment Cools Off

designing for ‘abundance,’ with ecological landscaper kelly norris – A Way To Garden

Embracing Abundance: Insights from Ecological Landscaper Kelly Norris

June 8, 2025
How to take photos on your phone via remote control – Popular Science

How to take photos on your phone via remote control – Popular Science

June 8, 2025
Opinion | RFK Jr.’s Deadly War on Science – Common Dreams

RFK Jr.’s Dangerous Assault on Science: A Call to Action

June 8, 2025
The Worst Bonne Maman Preserves Flavor Leaves A Lot To Be Desired – Yahoo

The Worst Bonne Maman Preserves Flavor Leaves A Lot To Be Desired – Yahoo

June 8, 2025
D.C. Hosts WorldPride Parade in the Shadow of Trump – The New York Times

Celebrating Love and Unity: D.C. Lights Up for WorldPride Parade Amidst Political Tensions

June 8, 2025
This New England state has the best economy in the country, according to WalletHub – Boston.com

Discover the New England State Boasting the Strongest Economy in the Nation!

June 8, 2025
Ceramic Dalmatian Entertainment is WLAF’s Business of the Week – WLAF

Spotlight on Success: Ceramic Dalmatian Entertainment Shines as This Week’s Featured Business!

June 8, 2025
Billy Joel jokes about aging, cremation after brain disorder diagnosis – Fox News

Billy Joel Shares Hilarious Takes on Aging and Life After a Health Scare

June 8, 2025
Supreme Court restores DOGE’s access to sensitive Social Security data and says it doesn’t have to turn over documents – CNN

Supreme Court Grants DOGE Access to Sensitive Social Security Data, Protects Confidential Documents!

June 8, 2025
Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

June 8, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (676)
  • Economy (689)
  • Entertainment (21,595)
  • General (15,271)
  • Health (9,731)
  • Lifestyle (693)
  • News (22,149)
  • People (690)
  • Politics (697)
  • Science (15,908)
  • Sports (21,192)
  • Technology (15,675)
  • World (674)

Recent News

designing for ‘abundance,’ with ecological landscaper kelly norris – A Way To Garden

Embracing Abundance: Insights from Ecological Landscaper Kelly Norris

June 8, 2025
How to take photos on your phone via remote control – Popular Science

How to take photos on your phone via remote control – Popular Science

June 8, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version