Grayscale Files for Bitcoin ETF | Crypto Craft

  • Grayscale Files for Bitcoin ETF

    From marketsmedia.com

    Grayscale Investments, the largest digital currency asset manager and sponsor of Grayscale® Bitcoin Trust, today announced that it has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) on behalf of Grayscale Bitcoin Trust.* This is a voluntary filing that is subject to SEC review. If deemed effective, it would designate the Trust as an SEC reporting company and register its shares pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).** It would also designate the Trust as the first digital currency investment vehicle ... (full story)

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TMR
Nov 19, 2019 11:37pm
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**This voluntary filing should not be confused as an effort to classify Grayscale Bitcoin Trust as an exchange-traded fund (ETF). The structure of the Trust will not change and it will continue to not operate a redemption program nor trade on a national securities exchange.
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