Grayscale Readies GBTC Conversion to Spot BTC ETF

by Jeremy

“As we speak, Grayscale has outlined proposed amendments to GBTC’s Belief Settlement which are supposed to supply operational efficiencies that we consider are helpful to each Grayscale and GBTC,” a Grayscale spokeswoman mentioned through e mail. “Importantly, that is in our regular course of enterprise, and GBTC stays able to uplist as a spot Bitcoin ETF to NYSE Arca upon acceptable regulatory approvals.”

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