Grayscale Is Confident That a Bitcoin ETF Will Be Approved by the SEC
Grayscale remains optimistic about the approval of a Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC). The digital asset manager aims to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF and list it on the NYSE Arca exchange. While Grayscale did not provide a specific timeline for the conversion, they believe it is a matter of "when" rather than "if."
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Grayscale Is Confident That a Bitcoin ETF Will Be Approved by the SEC
Grayscale remains optimistic about the approval of a Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC). The digital asset manager aims to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF and list it on the NYSE Arca exchange. While Grayscale did not provide a specific timeline for the conversion, they believe it is a matter of "when" rather than "if."