Edit Your Comment
Grayscale Updates Bitcoin Trust Prospectus!
Biedrs kopš
6 ieraksti
Nov 23, 2023 at 11:26
Biedrs kopš
6 ieraksti
Grayscale has filed a new prospectus post-meeting with the SEC, outlining its aim to transform the Bitcoin Trust into a spot Bitcoin ETF. The updated prospectus, submitted on November 22, hints at a potential change in GBTC’s ticker to BTC. However, Bloomberg's ETF expert James Seyffart clarified that the fund won't necessarily adopt the BTC ticker. Grayscale's latest filing, with revised risk factors and disclosures, follows discussions involving its executives, legal representatives, and the SEC. Bloomberg analysts anticipate a 90% likelihood of the SEC approving a Bitcoin spot ETF by January, despite the regulator's ongoing delay tactics.
Biedrs kopš
21 ieraksti
Jul 23, 2024 at 10:16
Biedrs kopš
21 ieraksti
if grayscale is updating it’s Bitcoin Trust prospectus then that means they’re actually staying transparent and compliant, which can boost investor confidence.
Biedrs kopš
21 ieraksti
Jul 23, 2024 at 19:00
Biedrs kopš
21 ieraksti
Cryptoguru posted:
Grayscale has filed a new prospectus post-meeting with the SEC, outlining its aim to transform the Bitcoin Trust into a spot Bitcoin ETF. The updated prospectus, submitted on November 22, hints at a potential change in GBTC’s ticker to BTC. However, Bloomberg's ETF expert James Seyffart clarified that the fund won't necessarily adopt the BTC ticker. Grayscale's latest filing, with revised risk factors and disclosures, follows discussions involving its executives, legal representatives, and the SEC. Bloomberg analysts anticipate a 90% likelihood of the SEC approving a Bitcoin spot ETF by January, despite the regulator's ongoing delay tactics.
This is fascinating to witness the potential transformation of the Bitcoin Trust into a spot Bitcoin ETF with the prospect of a ticker change to BTC🫣

*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.