Government regulators argued that bitcoin's unregulated nature leaves investors open to fraud Tuesday, as Grayscale Investments continues to fight to convert the largest Bitcoin investment fund into an exchange-traded fund (ETF).

The asset manager is seeking to overturn a previous ruling that prohibited it from converting its Grayscale Bitcoin Trust (GBTC) into an ETF. Grayscale Investments and the Securities and Exchange Commission (SEC) presented their first oral arguments to the U.S. District Court of Appeals Tuesday morning, and the asset manager is hoping to get a ruling before the July 6 deadline for the SEC to accept or reject its application.

저작권자 © 블록체인투데이 무단전재 및 재배포 금지

• 기사공유하기

블록체인투데이 다른기사 보기