Grayscale Investments Files S-3 Registration Statement For Grayscale Bitcoin Trust
Portfolio Pulse from Happy Mohamed
Grayscale Investments, the world's largest crypto asset manager, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to register shares of Grayscale Bitcoin Trust (GBTC) under the Securities Act of 1933. GBTC plans to list the shares on NYSE Arca under the symbol GBTC, and issue the shares on an ongoing basis upon approval of NYSE Arca's application.
October 19, 2023 | 12:39 pm
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Grayscale Bitcoin Trust (GBTC) has filed with the SEC to register its shares under the Securities Act of 1933. The shares will be listed on NYSE Arca upon approval.
The filing with the SEC is a significant step for Grayscale Bitcoin Trust as it seeks to increase its legitimacy and accessibility in the market. If approved, this could potentially attract more investors, driving up demand and potentially the price of GBTC shares.
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