Reuters cites a letter from Grayscale CEO Michael Sonnenshein, who described the SEC rejecting options on its Grayscale Bitcoin Trust (GBTC.P), as an unfair discrimination against its shareholders, adding that the regulator has previously approved options on ETFs tied to BTC futures.
"It is vital to the interests of GBTC and all spot Bitcoin investors to access exchange-listed options on GBTC and other spot Bitcoin ETPs
"It is vital to the interests of GBTC and all spot Bitcoin investors to access exchange-listed options on GBTC and other spot Bitcoin ETPs