Grayscale Chief Legal Officer: Will work closely with the SEC to push for the conversion of GBTC to a Bitcoin spot ETF

2023-08-30 00:37:57

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ChainCatcher news, GrayScale Chief Legal Officer Craig Salm stated in an official statement, "We appreciate the opinion of the D.C. Circuit Court, which recognizes that this case raises straightforward questions about equal treatment under the law. We are also very grateful to the legal teams from Munger, Tolles & Olson, Davis Polk, and Wardell. Our next step will be to work closely with the SEC to develop a plan to introduce GBTC as a spot Bitcoin ETF on NYSE Arca."

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