Overwhelming support for Grayscale BTC Trust ETF conversion proposal By Cointelegraph

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The U.S. Securities and Exchange Commission has allowed comments and feedback on a proposed rule change that would convert Grayscale’s Trust to a spot-based exchange-traded fund (ETF).

A notice of filing a proposed rule change to list and trade shares of Grayscale Bitcoin Trust as a spot-based ETF has generated a long list of comments with a large majority in approval.

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