In the brief, the attorneys argue that, because Bitcoin futures and spot Bitcoin both generate their price based on overlapping indices, the spot price of Bitcoin in both spot and futures ETFs are subject to the same risks – and therefore, approving one and denying another is unfair.
Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum
The complaint adds that the SEC’s encroaching authority over Ethereum goes against its own past statements that the cryptocurrency is...