Grayscale files for new spot Bitcoin ETF on the NYSE Arca.
Grayscale Investments filed a new registration statement with the U.S. Securities and Exchange Commission after the Court of Appeals for the District of Columbia Circuit ruled the regulator must look again at the company’s application.Major cryptocurrency investment firm Grayscale Investments has filed a new application with the United States Securities and Exchange Commission for a new spot Bitcoin Arca under the ticker symbol GBTC.
“GBTC, however, is eligible to use Form S-3, a shorter filing that incorporates by reference its SEC disclosures and reports, because its shares have been registered under the Securities Exchange Act of 1934 since January 2020 and it meets the other requirements of the form,” Grayscale stated.
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