Report post

Does grayscale have a spot bitcoin ETF?

Grayscale shares the same parent company with CoinDesk, Digital Currency Group. "There will be so much political and legal pressure on the SEC that SEC Chair Gary Gensler has to approve a spot Bitcoin ETF," said TD Cowen analyst Jaret Seiberg in a note to clients. Interestingly, Seiberg suggests Gensler and team can make a positive of the reversal.

Will the SEC review grayscale's ETF application again?

More precisely: The judges granted Grayscale’s petition for review, meaning the SEC will have to review Grayscale’s previously rejected ETF application and maybe come up with better reasons for denying it again. Crypto is salivating not only over the court’s pro-ETF ruling, but anti-SEC comments.

Will grayscale convert GBTC into a spot exchange traded fund?

Now that the U.S. Securities and Exchange Commission (SEC) has failed to appeal its August court loss over Grayscale’s application to convert its Bitcoin Trust (GBTC) into a spot exchange traded fund (ETF), both Grayscale and the crypto industry are mulling next steps.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts