Grayscale Files New S-3 With SEC, Pushing to Convert Bitcoin Trust Into NYSE Spot ETF After Court Win 

Grayscale Files New S-3 With SEC, Pushing to Convert Bitcoin Trust Into NYSE Spot ETF After Court Win 

Grayscale Investments, the leading digital asset manager by assets under management (AUM), unveiled on Thursday its latest submission to the U.S. Securities and Exchange Commission (SEC). This move seeks to list the Grayscale Bitcoin Trust (GBTC) as a spot exchange-traded fund (ETF) on NYSE Arca. Grayscale’s latest S-3 submission comes on the heels of Grayscale’s victory in court last August. At the time, the U.S. Court of Appeals for the D.C. Circuit overturned the SEC’s previous denial of Grayscale’s registration bid.
Grayscale Eyes NYSE Spot ETF Listing for Bitcoin Trust Post SEC Legal Victory
Undeterred by previous roadblocks, Grayscale is pressing forward with its ETF registration endeavor, with the ambition to morph GBTC into a publicly traded fund on NYSE Arca. This comes on the back of a D.C. Circuit judge’s ruling in August, pointing out the SEC’s failure to justify the “different treatment of similar products” such as bitcoin futures ETFs.
Post-ruling, Graysca

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