Grayscale Announces Intention To Convert GBTC To ETF

Grayscale Announces Intention To Convert GBTC To ETF

Grayscale Investments plans to convert its Grayscale Bitcoin Trust, the world’s largest such product, into a bitcoin exchange-traded fund.Today, digital assets management group Grayscale announced its intention to convert the world’s largest bitcoin trust, GBTC, into an exchange-traded fund (ETF) with regulatory approval.Roadmap for GBTCHaving launched the product in 2013, Grayscale was a pioneer in the Bitcoin space for providing regulatorily-compliant bitcoin exposure to institutional investors and asset allocators. Currently the only bitcoin fund that can claim to be an SEC-reporting....


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