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📅 July 3, 7:00 – July 9,
Grayscale said that the U.S. SEC's suspension of its digital large-cap fund trading was "unexpected."
[Grayscale says U.S. SEC's suspension of its Digital Large Cap Fund trading is 'unexpected'] Cryptocurrency asset management company Grayscale stated in an email on Thursday that the U.S. Securities and Exchange Commission's (SEC) decision to suspend trading of its Digital Large Cap Fund (GDLC) was 'unexpected.' The company noted that this decision made by the regulatory agency on Wednesday took industry observers by surprise, indicating that the regulatory environment is changing. Grayscale stated: "Although this progress is unexpected, it reflects the dynamic and evolving nature of the regulatory environment surrounding innovative digital asset products like GDLC."