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The Case the Crypto World Is Watching

Bloomberg Law

00:00

Introduction

The eyes of the crypto world turn to Washington DC this week as grayscale investments faced off against the Securities and Exchange Commission. The drama centers on the $14.8 billion Grayscale Bitcoin Trust, which has been trading at a steep discount to the cryptocurrency it holds.grayscale wants to convert its Bitcoin Trust into an exchange traded fund, but the SEC rejected the plan in June.

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