Bitcoin ETF

Bitcoin

Spot

While <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">investors</a> eagerly await the approval of the spot <a href="https://en.coin-turk.com/bitcoin-price-increases-by-26-5-in-october-is-a-downtrend-possible/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> ETF, potential issuers are taking important steps. Discussions with the SEC are ongoing, and updates in the files serve as confirmation of this communication. The latest move comes from Grayscale just a few minutes ago.
<h2 style="text-align: justify" id="spot-bitcoin-etf-news">Spot Bitcoin ETF News</h2>
Grayscale has updated its S-3 filing, making the plan to change GBTC’s ticker to <a href="https://coin-turk.com/bitcoin-ve-altcoinlerde-son-durum-dusus-devam-edecek-mi" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a> official. The change, shared by Bloomberg ETF Specialist James Seyffart, represents a new step towards the transformation of GBTC from a trust to an ETF.
<img decoding="async" class="size-full wp-image-279985 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/11/GBTC-ETF.png" alt="" width="880" height="460">
In the past 24 hours, GBTC’s negative premium has dropped to 11%, and optimism for the possible approval by the SEC has increased further after the <a href="https://en.coin-turk.com/binance-continues-to-lose-ground/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a> settlement. James also said:
<blockquote>
 “Many people are asking what this means. I haven’t read them all, but we are talking about more things that confirm Grayscale’s discussions with the SEC and the updates/changes in the offering documents following the discussions and feedback from the SEC.”
</blockquote>
We have also seen recent updates in the filings from BlackRock and others. Due to Thanksgiving in the US, these updates will slow down for a while. However, experts still give a 90% chance of ETF approval by January 10th. Continue Reading: <a href="https://en.coin-turk.com/spot-bitcoin-etf-news-grayscale-updates-gbtc-file-plans-to-change-ticker-to-btc/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/spot-bitcoin-etf-news-grayscale-updates-gbtc-file-plans-to-change-ticker-to-btc/</a>

Spot Bitcoin ETF News: Grayscale Updates GBTC File, Plans to Change Ticker to BTC

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