This filing “is another important step towards uplisting GBTC as a spot bitcoin ETF,” Grayscale spokeswoman Jenn Rosenthal said in a statement, referring to the company’s bitcoin trust that it wants to turn into an ETF. “At Grayscale, we continue to work collaboratively with the SEC, and we remain ready to operate GBTC as an ETF upon receipt of regulatory approvals.”
Bitcoin (BTC) Price Could Drop to as Low as $50K, Standard Chartered Says
The bank notes that headlines around the Hong Kong spot ETF launch were also poor, as attention was focussed on...