Meta (formerly Facebook) is not positioning its new virtual reality headgear for mass appeal. The Meta Quest Pro is aimed squarely at business. Forget PCs and laptops, Meta is trying to push VR headsets as a work tool. Read More...
Reuters
Grayscale says U.S. SEC set bar too high for Bitcoin funds
Grayscale Investments said in a court filing Tuesday that the U.S. Securities and Exchange Commission set the bar too high for spot bitcoin exchange-traded funds, which have so far not been approved for listing on U.S. exchanges. Grayscale sued the regulator in June, after the SEC denied its bid to convert its Grayscale Bitcoin Trust, the world’s largest bitcoin fund, into an ETF for listing on Intercontinental Exchange Inc’s NYSE Arca exchange. The SEC has rejected over a dozen spot bitcoin ETF applications, and approved several bitcoin futures-based ETFs.
