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If accredited, the fund would grant buyers “publicity to bitcoin with necessary protections that aren’t all the time out there to buyers that make investments straight in bitcoin,” attorneys stated within the submitting. International X’s spot-bitcoin purposes marks the ninth lively spot-bitcoin utility filed with U.S. regulators, along with a petition by Grayscale to enchantment the SEC’s rejection of its proposed spot-bitcoin ETF conversion (Grayscale is a subsidiary of CoinDesk mother or father firm Digital Forex Group).
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