Grayscale Requests SEC to Quicken Approval of its Bitcoin ETF!

Author: Mustafa Mulla Sep 6, 2023 9:51

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Grayscale, the world’s largest cryptocurrency asset manager, has officially submitted an application for its Bitcoin ETF to the U.S. Securities and Exchange Commission (SEC). The company hopes the SEC will approve the ETF quickly, enabling investors to gain exposure to Bitcoin via an exchange-traded fund. Grayscale has been a well-known player in the cryptocurrency market, with its Bitcoin trust having over $24 billion in assets under management. The approval of its ETF would be a significant milestone for the company and the broader cryptocurrency market.