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Grayscale Bitcoin Mini Trust begins trading on Wednesday morning following SEC approval
Grayscale Investment's mini version of its Grayscale Bitcoin BTC -0.54% Trust (GBTC) began trading on Wednesday soon after getting approval from the U.S. Securities and Exchange Commission. The spot Bitcoin exchange-traded product began trading at 4 a.m. ET on Wednesday after its registration statement became effective, according to a statement released by Grayscale. The SEC approved the 19b-4 form for the product last week. "I think demand for very low-cost bitcoin exposure will find a lot of investor interest," said Zach Pandl, head of research at Grayscale, in an interview with The Block. "We're a client-focused ... (full story)
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- Posted: Jul 31, 2024 9:51am
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 241
