The ruling could lead to Grayscale’s GBTC converting into a bitcoin ETF, which would allow redemptions, making Alameda’s suit unnecessary, Bloomberg Intelligence analysts said in a note on Wednesday.
Read More from Ian Allison on www.coindesk.comRelated Posts
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans […]
Comments are closed
Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?
So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although […]
Comments are closed