Why A Grayscale Bitcoin ETF Approval Could Have Bearish Results
The Grayscale Bitcoin has no doubt been a game-changer in the bitcoin space when it comes to providing indirect exposure to the digital asset. However, the success, or failure, of this fund has been one that has had investors gnashing their teeth in recent times. With the Three Arrows Capital (3AC) collapse, the discount that […]
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Grayscale, the biggest crypto asset manager worldwide, has hired Donald B. Verrilli, the former Solicitor General of former US President Obama. This deal aims to get the SEC’s (Securities and Exchange Commission’s) approval of Bitcoin ETF for spot trading by changing its BTC trust into an ETF. The platform believes Verrilli can come to be […]
Digital asset manager Grayscale Investments has posted its best quarterly results to date, having brought in just over $1 billion in investment across all of its cryptocurrency products.
Grayscale met with the SEC behind closed doors to persuade regulators to approve the fund’s application to convert into a spot-bitcoin ETF.
Grayscale has signed on two leading market makers to serve as authorized participants in its upcoming spot bitcoin ETF, pending SEC approval.
In an interview with CNBC, the CEO of Grayscale Investments argued that his company sees the approval of a spot bitcoin ETF as a matter of time.