📣 Grayscale Investments defies SEC Chair Gary Gensler's stance on cryptocurrencies, launching two new crypto trusts: Bitcoin layer-2 network Stacks (STX) and altcoin blockchain Near Protocol (NEAR) 🚀. These trusts are a response to the increasing demand for diversified crypto-asset vehicles in the fast-paced decentralized marketplace.
In other news, Grayscale is also pushing to list a spot Ethereum (ETH) ETF, following the successful conversion of its GBTC product to an ETF. Despite potential hurdles, the odds for SEC approval seem promising.
What are your thoughts on these developments? Share your insights in the comments below! 🔽 #CryptoNews #Grayscale #CryptoInvestments