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Grayscale Says It’s ‘100% Committed to Converting GBTC Into an ETF’

Grayscale Says It’s ‘100% Committed to Converting GBTC Into an ETF’



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  1. tldr; Grayscale Investments said it’s “100% committed” to converting its flagship Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF). In a blog post, the world’s largest digital asset manager confirmed its intent to re-apply with the U.S. Securities and Exchange Commission to offer an ETF. The SEC has rejected dozens of applications in recent years.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. I feel like they’ve done a lot for bringing normal folks into Crypto, and I could see this legitamizing cryptocurrencies as a whole a lot more once more ETFs are approved

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