Within the transient, the attorneys argue that, as a result of Bitcoin futures and spot Bitcoin each generate their worth primarily based on overlapping indices, the spot worth of Bitcoin in each spot and futures ETFs are topic to the identical dangers – and due to this fact, approving one and denying one other is unfair.
In SEC Lawsuit, Grayscale Calls Spot ETF Rejection ‘Arbitrary, Capricious, and Discriminatory’
