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Grayscale Readies GBTC Conversion to Spot BTC ETF

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Grayscale Readies GBTC Conversion to Spot BTC ETF

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“Today, Grayscale has outlined proposed amendments to GBTC’s Trust Agreement that are intended to provide operational efficiencies that we believe are beneficial to both Grayscale and GBTC,” a Grayscale spokeswoman said via email. “Importantly, this is in our normal course of business, and GBTC remains ready to uplist as a spot Bitcoin ETF to NYSE Arca upon appropriate regulatory approvals.”

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