Investors and the stock market were hoping for good news about Bitcoin ETFs from the SEC. Grayscale, one of the companies applying for the ETF, took a new action.
So, Grayscale submitted paperwork to the SEC and registered securities to start a Bitcoin ETF.
Grayscale’s chief legal officer, Craig Salm, said that they are just completing some paperwork for the issue.
Just need to write down some information on some papers.
Craig Salm tweeted on January 4, 2024.
Grayscale’s Form 8-A is a required form that companies must give to the SEC if they want to sell securities.
Bloomberg experts Eric Balchunas and James Seffart said the SEC will likely approve spot Bitcoin ETFs, and they think it could happen by January 10.
This is not a recommendation for investing.