Bitcoin

Spot

While investors and the market were waiting for positive news from the SEC regarding spot Bitcoin ETFs, a new step came from Grayscale, one of the companies applying for the ETF. 
Accordingly, Grayscale filed Form 8-A with the SEC and registered securities to launch the spot Bitcoin ETF. 
Commenting on the issue, Grayscale chief legal officer Craig Salm said from the X account, “We are just filling out some Forms.” 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Just filling out some Forms 
 — Craig Salm (@CraigSalm) <a href="https://twitter.com/CraigSalm/status/1742903003399463313?ref_src=twsrc%5Etfw">January 4, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Form 8-A offered by Grayscale is among the mandatory forms that must be submitted by the SEC for organizations that want to issue securities. Additionally, form 8-A allows ETF issuers to trade on an exchange. This signals progress towards potential approval of a spot Bitcoin ETF. 
Speaking to The Block at this point, a Grayscale spokesperson said: 
<blockquote> 
 “Grayscale continues to work collaboratively with the SEC to list GBTC as a spot Bitcoin ETF on NYSE Arca. 
 “Grayscale remains ready to operate GBTC as an ETF upon receipt of regulatory approvals.” 
</blockquote> 
Bloomberg analysts Eric Balchunas and James Seffart stated that there is a high probability of approval from the SEC regarding spot Bitcoin ETFs, and they expect the possible approval to come by January 10. 
Related News: <a href="https://en.bitcoinsistemi.com/one-step-closer-to-spot-bitcoin-etf-three-more-sec-concerns-about-etfs-have-been-addressed-sources-say/" target="_blank" rel="dofollow">One Step Closer to Spot Bitcoin ETF? Three More SEC Concerns About ETFs Have Been Addressed, Sources Say!</a> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/new-move-from-graysacle-regarding-spot-bitcoin-etfs/">New Move from Graysacle Regarding Spot Bitcoin ETFs!</a>

New Move from Graysacle Regarding Spot Bitcoin ETFs!

Bitcoin Sistemi EN

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