Crypto-asset manager Grayscale said in an email on Thursday that the decision by the Securities Exchange Commission (SEC) to suspend trading in its Digital Large Cap Fund (GDLC) was "unexpected". The company said the regulator's decision on Wednesday surprised industry observers and showed that the regulatory environments were changing.
"While this development is unexpected, it reflects the dynamic and evolving nature of the regulatory environments surrounding pioneering digital asset offerings like GDLC," Grayscale said.
Grey release says SEC suspension of trading in its digital fund "unexpected"
2025-07-03 23:35:25
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