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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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.
With the approvals of futures bitcoin ETFs, firms have taken it one step further and have applied with the Securities and Exchanges Commission (SEC) for spot-based bitcoin ETFs. However, unlike their futures and short counterparts, the spot ETFs have not found favor in the eyes of the regulatory watchdog. And as more spot-based bitcoin ETF applications are declined by the SEC, questions have arisen about whether the market will see one anytime soon. Grayscale And Bitwise Applications Rejected Over the last month, anticipation had built up regarding spot-based Bitcoin ETF filings by both....
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 […]
Asset investment company Grayscale has now filed the Form S-1 with the US Securities and Exchange Commission (SEC) on its application to offer investors a Dogecoin Spot ETF. This move comes as the securities regulator is expected to communicate its approval decision on the proposed ETF around mid-October 2025. Related Reading: US Treasury Secretary Reveals […]