Grayscale to Convert Its GBTC Shares when Bitcoin ETFs are Permissible in the U.S.

Grayscale to Convert Its GBTC Shares when Bitcoin ETFs are Permissible in the U.S.

Bitcoin Encompassing the Globe

Bitcoin Encompassing the GlobeGrayscale Investments will convert its GBTC shares into an Exchange-Traded Fund (ETF) once U.S. regulators approve of such a derivative product, an explainer on Apr 5 reveals. GBTC versus Bitcoin ETF GBTC is a share of the Grayscale Bitcoin Trust–an SEC-Reporting firm. It distinguishes itself from others by being compliant with regulators’ laws, allowing deep-pocketed

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