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Grayscale wants SEC to move faster on bitcoin ETF decision

Grayscale's lawyers say there are no grounds for the regulator to keep blocking its bitcoin ETF plans

Grayscale Investments won in court, and now it wants the Securities and Exchange Commission to move quickly to let it convert the Grayscale Bitcoin Trust  into an exchange-traded fund.

The company’s lawyers on 5 September sent a letter to the SEC requesting a meeting with its staff about the path ahead. There are no grounds for the regulator to keep blocking the trust from converting into an ETF, they said.

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