Sec delays on Grayscale’s Bitcoin ETF proposal
Author:Gate.io Researcher:M. Olatunji
23 February 10:16
TL;DR
In October 2021, Grayscale Bitcoin Trust (GBTC) proposed to convert some of its shares into a Bitcoin Spot ETF. However, the US Securities and Exchange Commission (SEC) delayed response to the proposal by 45 days in December. In February 2022, SEC also delayed their response, citi...