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Why It Looks Like BlackRock Could Win America’s First Spot Bitcoin ETF - Ep. 509
Unchained
The SEC's Deny of Grayscale's ETF
The SEC's denial of grayscale wasn't like particular to this whole process. It was just about the fact that no Bitcoin spotETFs exist already or something like that. So if one of these is approved, then grayscale would theoretically be able to convert GBDC to an ETF. I don't know what the timing looks like between that announcement and when they're allowed to do it. Also there's grayscale has been very adamant that they're going to convert to an investment fund in 2015. They've been saying they're Going to Convert To An Exchange (GBTC) And honestly Michael Sunnichine has been very clear. We want to convert just an Index
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