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Grayscale Fights Back: Slams SEC’s ’Unlawful’ Delay of GDLC ETF as Crypto Demand Soars
Grayscale Fights Back: Slams SEC’s ’Unlawful’ Delay of GDLC ETF as Crypto Demand Soars
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Grayscale just threw a legal grenade at the SEC—and Wall Street’s watching.
The asset manager accused regulators of 'unlawfully' stalling its GDLC ETF, calling the delay a blatant roadblock to institutional crypto access. No dates, no numbers—just pure defiance.
Behind the drama? A $30 trillion asset management industry itching for crypto exposure… while the SEC plays traffic cop. Classic bureaucracy meets DeFi’s 'move fast and break things' ethos.
One thing’s clear: Grayscale’s done asking nicely. Now it’s lawsuit o’clock.
(Bonus jab: Meanwhile, your traditional ETF fees still fund some fund manager’s third yacht.)
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