Grayscale Refiles Bitcoin ETF Application as Barry Silbert Departs
Grayscale reportedly submitted an updated filing to the U.S. Securities and Exchange Commission (SEC) on the same day that CEO of parent company Digital Currency Group Barry Silbert announced his departure from Grayscale’s board of directors, according to Bloomberg analyst James Seyffart. Analyst James Seyffart at Bloomberg stated: “Even Grayscale is accepting the SEC’s Cash-only […]
Grayscale Adopts Cash Creation Model for Bitcoin ETF Bid
Grayscale, the largest crypto asset manager, has amended its filing to convert its Bitcoin trust into a spot ETF, opting for a cash creation model. The move comes as its parent company’s CEO steps down amid an SEC probe. Grayscale has made two significant moves in its quest to launch a spot Bitcoin ETF in […]