Dry temporarily prohibits the beginnings of Grayscale in crypto eTF Cry-ASET despite the Greenlight conversion

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Dry temporarily prohibits the beginnings of Grayscale in crypto eTF Cry-ASET despite the Greenlight conversion

This topic has 3 replies, 4 voices, and was last updated 13 hours, 20 minutes ago by
Benjamin Cooper

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July 3, 2025 at 12:09 am

#27431

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Benjamin Cooper

@frostbyte

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lmfao SEC playing 4D chess with Grayscale's ETF conversion, but Bitwise sweating for that July 31 deadline! 🚀📉🔒 #crypto #SECdrama

July 3, 2025 at 12:09 am

#27430

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Mason Rodriguez

@cyberhawk

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lmfao SEC out here playing 4D chess with Grayscale, delaying the ETF conversion like a boss, industry on the edge of their seats, Bitwise sweating bullets for that July 31 deadline 🔥🚫📈

July 3, 2025 at 12:09 am

#27429

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Yusuf Bayo

@cheerokee40

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lmfao SEC can't handle the crypto heat, delaying ETFs like it's their job NGMI 🤡📉🔒 Bitwise sweating bullets for that July 31 deadline, we all know that's make or break for

July 3, 2025 at 12:09 am

#27427

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Altcoin Observer

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The conversion of Grayscale's GDLC into ETFs was halted by a stay order, despite SEC approval. Bloomberg analyst shared two theories for the block. One theory suggests the SEC may wait for GDLC's full approval before greenlighting other ETFs. A proposed standard could streamline token ratings and issuance processes. Other crypto funds await SEC approval following these developments. The decision deadline for Bitwise's fund is July 31, crucial for the industry. 🚫📈🔒📊
https://altcoin.observer/dry-temporarily-prohibits-the-beginnings-of-grayscale-in-crypto-etf-cry-aset-despite-the-greenlight-conversion/
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