THELOGICALINDIAN - Grayscale Investments the worlds better agenda asset administrator has launched a attack aimed at acceptable the US Securities and Exchange Commission SEC to accept its bitcoin atom exchangetraded armamentarium ETF appliance Grayscale seeks to catechumen its 257 billion bitcoin assurance GBTC to a bitcoin atom ETF
Asset Manager Campaigns to Get Bitcoin Spot ETF Approved
Grayscale Investments appear Tuesday the barrage of a attack “to brainwash and animate American investors to abide comments” on its appliance with the SEC to catechumen Grayscale Bitcoin Trust (OTCQX: GBTC) to a atom bitcoin ETF. GBTC is the company’s better advance artefact with $25.7 billion in assets beneath management.
The appliance was filed on Oct. 19 by NYSE Arca, the barter that will account and barter shares of the new bitcoin ETF, if approved. On Dec. 15, the SEC appointed a best aeon to accede Grayscale’s application. On Feb. 4, the Commission asked the accessible for comments on the application.
The SEC has alone accustomed bitcoin futures ETFs so far. The balance babysitter continues to adios bitcoin atom ETF applications.
Grayscale CEO Michael Sonnenshein commented, “American investors should accept a best in how to access bitcoin exposure,” emphasizing:
“Maintaining the authoritative cachet quo may feel like the safe option, but the absoluteness is that declining to accumulate clip with change is the far riskier aisle for capital artery investors and our country,” he continued.
Grayscale has set up a committed attack folio to brainwash and affect American investors to booty activity and argue the SEC to accept its appliance to catechumen GBTC to a atom bitcoin ETF.
The CEO added:
Do you anticipate the SEC will anon accept a bitcoin atom ETF? Let us apperceive in the comments area below.
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