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 […]
2022 H1 CEO Investor Letter
Dear Grayscale Investors, As we settle into a new year, I have been reflecting on Grayscale’s growth, the state of the crypto ecosystem, and how our world has evolved. It is easy to forget how much can change in a year, and looking back, it is remarkable where we are today compared to 12 months […]
Grayscale’s Intentions for a Bitcoin ETF
In recent months there have been a growing number of questions around the possibility of a spot Bitcoin ETF in the US, and we’d like to take the opportunity to provide clarity and context on what such a development would mean at Grayscale and for Grayscale® Bitcoin Trust (Symbol: GBTC). Beginning with GBTC, our […]