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Coin Edition 2023-09-06 08:28:00

Grayscale Urges SEC to Approve GBTC Conversion to Bitcoin ETFs

Grayscale Investments reportedly urged the Securities and Exchange Commission (SEC) to approve the company’s application for the conversion of Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF), claiming that the regulators hold “no grounds” to reject the request. In an official letter, Grayscale’s legal team asserted that GBTC is ready to operate as a The post Grayscale Urges SEC to Approve GBTC Conversion to Bitcoin ETFs appeared first on Coin Edition .

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