Grayscale: SEC's repeated denial of Bitcoin Spot ETFs may violate regulatory rights

After the U.S. Securities and Exchange Commission (SEC) recently rejected the bitcoin exchange rate (ETF), Golden Financial announced that Greyscale is rejecting the regulators' demands. Gray wrote to the SEC, arguing that the SEC's non-disclosure could violate the Code of Conduct (APA), calling it "illegal and unethical" to allow companies that are not located in the future. APPs would regulate the decision-making process of government agencies. In the letter, Gray wrote: “Under the 1940 Act, registered Bitcoin Futures ETPs and anonymous or unqualified Bitcoin Spot ETPs are identical in all respects, but as of November 12, 2021, they are not OK. The SEC will resolve the differences.