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This is another crypto index ETP, and it's also been stayed pursuant to Rule 431 (same as Grayscale's Digital Large Cap) to review the delegated authority order. I have to wonder what is going on at the SEC. I can excuse GDLC as an unforeseen unilateral Crenshaw wrench, but this shouldn't happen again here.
So either (1) they again approved under delegated authority knowing Crenshaw would throw another wrench -- perhaps so GDLC wasn't penalized by the first wrench or (2) this (and GDLC) was planned by the Commission as an end-around the 240-day statutory period. Both explanations are the kind of funny business that shouldn't really be happening under Atkins.

23.7. klo 05.00
SEC APPROVES CONVERSION OF BITWISE 10 CRYPTO INDEX FUND INTO AN ETF (BTC, ETH, XRP, SOL, ADA, SUI, LINK, AVAX, LTC, DOT)
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