TLDR Crypto · MISCELLANEOUS
SEC RECENTLY MET WITH GRAYSCALE FOR SPOT BITCOIN ETF LISTING, MEMO SHOWS
Summary from the TLDR Crypto newsletter
Grayscale reportedly held discussions with the SEC over its application to convert its Grayscale Bitcoin Trust into a bitcoin ETF recently. The talks followed a directive by a D.C. circuit court for the SEC to revisit the firm's application. Grayscale's proposal would see shares of the trust listed on the NYSE under the ticker GBTC.