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Grayscale Files With SEC To Register As Bitcoin Trust Fund

Roland James

Summary: Grayscale, the Crypto asset manager, is hoping for more government oversight will give their already popular bitcoin trust more allure to potential clients. The New York-based firm said Tuesday that it has willingly filed with the Securities and Exchange Commission (SEC) in an attempt to register its bitcoin trust fund (GBTC). The GBTC was originally ...

Grayscale, the Crypto asset manager, is hoping for more government oversight will give their already popular bitcoin trust more allure to potential clients.

The New York-based firm said Tuesday that it has willingly filed with the Securities and Exchange Commission (SEC) in an attempt to register its bitcoin trust fund (GBTC). The GBTC was originally offered in 2013 as a private placement that was exempt from SEC registration, then received the go ahead from the Financial Industry Regulatory Authority (FINRA) to be traded publicly in 2015.

By Roland James

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