GBTC
Grayscale Meets SEC’s Trading And Markets Division To Discuss Spot Bitcoin ETF Listing
Crypto asset manager Grayscale held a meeting with the Securities and Exchange Commission (SEC) regarding the conversion of its flagship fund – the Grayscale Bitcoin Trust (GBTC) – into a spot Bitcoin exchange-traded fund (ETF). A Nov. 20 SEC memo disclosed Grayscale CEO Michael Sonnenshein, ETF head Dave LaValle, legal chief Craig Salm, and four […]
Bitcoin ETFs: Who Will Win The Race To Launch The First One?
Bitcoin, the largest cryptocurrency in the world based on market capitalization, has attracted significant interest from financial institutions. These institutions are now preparing to introduce exchange-traded funds (ETFs) that track and reflect its value. ETF analyst James Seyffart tweeted several significant dates regarding the race for approval. These include deadlines for ARK 21Shares Bitcoin ETF, […]
Spot Bitcoin ETF Wave: Grayscale CEO Sees Validation Enduring Strength
Grayscale Investments CEO Michael Sonnenshein has hailed the recent wave of spot Bitcoin exchange-traded fund (ETF) filings as a crucial moment of validation for the cryptocurrency. In an interview on CNBC’s Last Call on July 12, Sonnenshein dismissed any notions that BlackRock’s entry into the Bitcoin ETF race would diminish its appeal, emphasizing that it […]