Tags : Convert

Bitcoin

NYSE Arca files form 19b-4 to convert Grayscale Bitcoin Trust

Grayscale Investments, announced today that NYSE Arca has filed Form 19b-4 with the Securities and Exchange Commission (SEC) to convert Grayscale’s flagship product, Grayscale Bitcoin Trust (OTCQX: GBTC), into a Bitcoin Spot ETF. We have long been committed to transforming $GBTC and our other investment products into ETFs, and we’re proud to deliver on that […]Read More

Bitcoin

Grayscale Bitcoin Trust to Convert to an ETF, Premium Remains

Earlier this Monday, Grayscale Investments announced its plans to transform Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund. Up until recently, GBTC was one of the only investment funds for institutions and retail investors alike. Amidst growing competition, however, the fund’s high management fees and stringent lock-up periods lost favor with many investors. Since February, […]Read More