Grayscale said it is “operationally ready” to convert its Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) immediately after the US Securities and Exchange Commission (SEC) approves its application. The crypto asset manager made this statement in response to the SEC’s failure to appeal a court ruling compelling it to review Grayscale’s conversion request. According […]
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Grayscale is ‘operationally ready’ to convert GBTC into ETF if SEC gives approval