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Tag: Approval

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SEC Delays Grayscale’s New Basket ETF Despite Previous Approval

In Brief The SEC approved Grayscale’s new five-asset basket ETF but delayed its launch indefinitely with a stay order. Experts speculate the SEC may want to resolve regulatory issues surrounding altcoin jurisdiction before launch. The delay is not a rejection but a temporary setback, leaving the crypto community in anticipation for clarification. Despite approving Grayscale’s…
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