The SEC’s Decision on GBTC

Grayscale Investors,   Today, we received notice that our application to convert GBTC to a spot ETF was denied by the SEC. We are deeply disappointed by and do not agree with its decision.    Converting GBTC to a spot Bitcoin ETF would have brought the world’s largest Bitcoin fund further into the U.S. regulatory perimeter […]

On the Pending GBTC Decision from the SEC

A message from Grayscale CEO Michael Sonnenshein for investors as we approach the end of the 240-day review process for our application to convert GBTC to a spot Bitcoin ETF.