Bloomberg analyst James Seyffart hypothesized that the SEC doesn’t want to launch any altcoin ETFs without establishing a new legal framework.
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SEC Delays Grayscale’s New Basket ETF Despite Previous Approval
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James Seyffart, Bloomberg ETF analyst, attributed the SEC’s pause on Grayscale’s GDLC ETF conversion to the lack of an established legal framework for altcoin-based ETFs
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