Grayscale Met With SEC On Approval Of Spot-Bitcoin ETF
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, the largest bitcoin fund in the world, met with the SEC in a closed meeting.The meeting was meant to persuade regulators to approve Grayscale’s conversion from a fund to a spot-bitcoin ETF. The deadline of approval for Grayscale’s ETF application is July 6, 2022. Grayscale, the company behind the world’s largest bitcoin fund (OTCQX: GBTC), had a private meeting with the Securities and Exchange Commission to persuade the regulator to approve....
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