Grayscale Bitcoin ETF Plans Confirmed

Reading Time: 2 minutes A Grayscale Bitcoin ETF could be on the cards after the company confirmed a commitment to converting their Bitcoin fund to an ETF Grayscale said in a blog post that a Bitcoin ETF was always the ultimate end goal for the GBTC Trust Grayscale applied for a Bitcoin ETF in 2016 but it was rejected Grayscale, the Bitcoin fund that has over $30 billion in assets under management, has confirmed that it plans to convert its GBTC Trust to an ETF. The potential of a Grayscale Bitcoin ETF was raised last month when the company hired nine ETF specialists, with
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