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Grayscale: Investors don’t have to take any action if SEC approves spot Bitcoin ETF and allows GBTC to list on NYSE Arca

Grayscale: Investors don’t have to take any action if SEC approves spot Bitcoin ETF and allows GBTC to list on NYSE Arca

Cointime2024/01/06 07:59
By: Cointime
BTC+0.87%

Cryptocurrency asset management company Grayscale has tweeted that it disclosed specific details about a physical Bitcoin ETF in its recent QA information. It was pointed out that if the US Securities and Exchange Commission approves the physical Bitcoin ETF and allows GBTC to be listed on NYSE Arca, investors do not need to take any action. When investors check their holdings of GBTC stocks after they are listed on NYSE Arca, they will only see these stocks listed on NYSE Arca, not quoted on OTCQX. GBTC will retain the same stock code (GBTC) and the same CUSIP, and investors will continue to be able to buy and sell GBTC stocks at market prices.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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