International X Refiles Spot-Bitcoin ETF Software, Naming Coinbase as ‘Surveillance-Sharing’ Associate

If authorized, the fund would grant traders “publicity to bitcoin with essential protections that aren’t at all times out there to traders that make investments instantly in bitcoin,” legal professionals mentioned within the submitting. International X’s spot-bitcoin purposes marks the ninth energetic spot-bitcoin software 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 dad or mum firm Digital Foreign money Group).