Bitget App
Trade smarter
Grayscale submits revised Bitcoin spot ETF conversion application stating that creation and redemption can only be done in cash
By:Cointime
Bloomberg analyst James Seyffart posted on social media that based on public documents, Grayscale has resubmitted a revised S-3 document to the SEC today, with the aim of converting GBTC to a Bitcoin spot ETF. The analyst pointed out that Grayscale has made concessions and is accepting the SEC's requirement for "cash-only creation/redemption of shares".
0
0
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
CandyBomb x COMMON: Trade futures to share 1,111,111 COMMON!
Bitget Announcement•2025/10/27 13:00
Bitget Incentive Program: Win up to 1,100 USDT Per Week
Bitget Announcement•2025/10/25 16:00
CandyBomb x MET: Trade futures to share 20,000 MET!
Bitget Announcement•2025/10/24 09:00
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$115,245.48
+1.35%
Ethereum
ETH
$4,177.13
+2.31%
Tether USDt
USDT
$0.9998
+0.00%
BNB
BNB
$1,152.01
+1.44%
XRP
XRP
$2.62
-0.67%
Solana
SOL
$200.2
+0.56%
USDC
USDC
$0.9997
-0.02%
Dogecoin
DOGE
$0.2032
+0.11%
TRON
TRX
$0.2986
-0.69%
Cardano
ADA
$0.6740
-0.49%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now