U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push

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The U.S. Securities and Exchange Commission (SEC) has opened talks with Grayscale Investments on the details of the company's application to convert its trust product GBTC to a bitcoin spot exchange traded product (ETF), according to a person familiar with the back-and-forth, which could have momentous implications for the crypto industry.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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