WebApr 5, 2024 · 5 April 2024, 17:52 GMT+0000 In Brief Grayscale says ETFs are the end goal for all its cryptocurrency trusts. Grayscale is committed to converting bitcoin (GBTC) and ethereum (ETHE) trusts to ETF when the regulatory environment allows. GBTC is the largest and bitcoin investment product in the world. promo WebMay 11, 2024 · Turning the Grayscale Bitcoin Trust into a NYSE-traded ETF would broaden access to bitcoin and enhance protections while unlocking up to $8 billion in value for …
Grayscale Takes a Step Toward Becoming a Bitcoin ETF Giant
WebOct 20, 2024 · The filing is the first step in what Grayscale hopes eventually allows all 15 of its investment vehicles to become exchange-traded funds (ETFs), said Grayscale VP of Legal Craig Salm. Salm said the filing begins a 240-day review process, which sets the deadline for approval in mid-June. “This process began over five years ago,” Salm noted. WebOct 18, 2024 · Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin ETF royal palm south carolina myrtle beach
Grayscale® Ethereum Trust
WebMay 11, 2024 · ETF Update: Our Recent SEC Meeting. Share: As part of our filing to convert our flagship product, Grayscale® Bitcoin Trust (OTCQX: GBTC), to a Spot Bitcoin ETF, there’s a standard 240-day open review period. To date, over 4,000 comments have been submitted to the Securities and Exchange Commission for consideration as part of this … WebMay 4, 2024 · For Grayscale to generate close to a $1 billion from just two products—the amount Vanguard takes in from all 82 of its ETFs—is truly impressive. For context, the entire U.S.-listed ETF... royal palm theatre bradenton