Grayscale asks SEC to satisfy on 'manner ahead' for Bitcoin ETF conversion

Grayscale has instructed the Securities and Trade Fee it has no authorized reasoning left to dam the conversion of the asset supervisor’s flagship (BTC) fund to a spot exchange-traded fund (ETF).

On Sept. 5, Grayscale’s legal professionals despatched a letter to the SEC requesting the pair meet to debate the subsequent steps following the regulator’s courtroom loss concerning the conversion of the Grayscale Bitcoin Belief (GBTC).

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