SEC Notices Grayscale Bitcoin ETF Petition, Potential Approval For Christmas?
Per a Securities and Exchange Commission (SEC) release, the Grayscale Bitcoin Trust (GBTC) has officially been noticed. Therefore, the process that could lead to a BTC-linked Exchange Traded Funds (ETF) by Digital Currency Group, Grayscale’s parent company, has begun. Related Reading | SEC Will Reportedly Not Allow Leveraged Bitcoin ETF As Bitcoinist reported over a […]
Related News
O Christmas Bit, O Christmas Bit. Your miners keep on working! O Christmas Bit, O Christmas Bit! Transactions keep on moving! Not only when the markets soar. But also when the bearwhales roar! O Christmas Bit, O Christmas Bit. Your miners keep on working! O Christmas Bit, O Christmas Bit. You've seen so much this year! O Christmas Bit, O Christmas Bit. The new year is so near! From IBM to Microsoft, From BitLicense to old Mt Gox! O Christmas Bit, O Christmas Bit! You've seen so much this year! O Christmas Bit, O Christmas Bit. The snow outside, it glistens! O Christmas Bit, O Christmas....
Per a document filed with the US District of Columbia Circuit, asset manager Grayscale was granted its petition for review of their Bitcoin Trust. The Circuit’s Judge Rao approved the asset manager’s petition to transform their financial product into a Bitcoin Exchange Traded Funds. Related Reading: Ripple vs SEC Lawsuit: Community Pushes Back On Claim […]
The XRP price experienced a notable upswing on Thursday, reaching a three-week high of $0.588, propelled by crypto asset manager Grayscale, as it initiating steps towards the launch of an XRP ETF Potential Path For To ETF Approval In a strategic move announced on Thursday, Grayscale unveiled the United States’ maiden XRP trust, designed as […]
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 […]
A French parliament member has signed a petition to amend the laws to enable the central bank of France to buy and hold bitcoin as well as other cryptocurrencies. The petition urges lawmakers to urgently consider the matter, warning that not owning bitcoin will put France “in a financially weak position within 5-10 years.” Petition to Allow Central Bank to Buy Bitcoin Jean-Michel Mis, a member of the French National Assembly, the lower house of parliament, announced in a tweet Friday that he has signed a petition to amend the laws to enable the Banque de France, the....