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Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETF

Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETFGrayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin ETF Grayscale Investments has confirmed that it will convert its […]

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move