Coin Edition -
- Grayscale reaffirms readiness for potential GBTC to ETF conversion.
- Attention shifts to the Court’s final mandate, expected in the next seven days.
- SEC’s decision not to appeal will likely lead to a review of Grayscale’s application.
Following the Securities and Exchange Commission’s (SEC) recent decision not to seek a rehearing, Grayscale has released a statement reaffirming its readiness for the potential conversion of Grayscale Bitcoin Trust (GBTC) into an Exchange-Traded Fund (ETF).