Bitcoin Trust
-
Grayscale Bitcoin Trust: Conversion into Exchange Traded Funds
According to reports, Michael Sonnenshein, CEO of Grayscale Asset Management, stated at the 2023 consensus meeting at CoinDesk that Grayscale expects to learn by the end of the thi
-
US SEC rejects VanEck’s spot BTC trust application
It is reported that the United States Securities and Exchange Commission (SEC) on March 10 ordered against a rule change that allowed the investment company VanEck to create a spot Bitcoin trust. The committee members Mark Uyeda and Hester Peirce issued a statement that the SEC has rejected all the submitted applications for BTC trust, which has reached nearly 20 in the past six years. They said that the SEC’s review of ETP applicants was “double standard”. “In our view, the standards used by the Commission for other types of…
