Discount on Grayscale Bitcoin Trust’s Shares Narrows After BlackRock’s Spot Bitcoin BTC ETF Filing

  • June 18, 2023

Many crypto observers keenly awaited how GBTC’s discount would react to the news about BlackRock, the world’s largest ETF issuer and a mainstay in the traditional finance world, attempting to register a spot BTC ETF with the U.S. Securities and Exchange Commission (SEC). Multiple investment managers, including WisdomTree, VanEck, Ark Investment Management with 21Shares, have tried to register such a product over the past two years, but the U.S. Securities and Exchange Commission (SEC) has rejected all applications, so far.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *