SEC Pauses Grayscale’s $GDLC Crypto ETF Approval – Regulatory Speed Bump or Strategic Play?
The SEC just slammed the brakes on Grayscale's $GDLC crypto ETF—again. Here's why Wall Street's favorite regulatory limbo continues.
Regulators Hit Snooze
No surprises here—the SEC delayed its decision on Grayscale's digital asset fund, demanding 'additional review.' Translation: more paperwork, more waiting, more institutional FOMO.
Crypto's ETF Groundhog Day
Grayscale's bid joins a growing pile of stalled crypto investment vehicles. Meanwhile, Bitcoin ETFs trade sideways as traditional finance plays catch-up (badly).
The Real Winner? Lawyers.
Every delay means another billing cycle for DC lobbyists. At this rate, compliance costs might outpace the fund's eventual AUM—classic finance efficiency.
Bottom line: The SEC's foot-dragging keeps crypto's institutional future in purgatory. But hey, at least the volatility's entertaining.
