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Discount on Grayscale Bitcoin Trust’s Shares Narrows After BlackRock’s Spot Bitcoin BTC ETF Filing

Altszn.com by Altszn.com
June 16, 2023
in Bitcoin
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Discount on Grayscale Bitcoin Trust’s Shares Narrows After BlackRock’s Spot Bitcoin BTC ETF Filing
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Many crypto observers keenly awaited how GBTC’s discount would react to the news about BlackRock, the world’s largest ETF issuer and a mainstay in the traditional finance world, attempting to register a spot BTC ETF with the U.S. Securities and Exchange Commission (SEC). Multiple investment managers, including WisdomTree, VanEck, Ark Investment Management with 21Shares, have tried to register such a product over the past two years, but the U.S. Securities and Exchange Commission (SEC) has rejected all applications, so far.



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Tags: BitcoinBlackRocksBTCdiscountETFfilinggrayscaleNarrowssharesSpottrusts
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