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Grayscale doesn't have many ETFs because the SEC refuses to approve crypto ETFs. Their Bitcoin trust (GBTC) has $13B under management, is carried by every major
by thesausageking 4y ago
Grayscale doesn't have many ETFs because the SEC refuses to approve crypto ETFs. Their Bitcoin trust (GBTC) has $13B under management, is carried by every major brokerage, and they've run it since 2013. They have the exact right expertise to run a Bitcoin ETF.
- lalaland1125 4y agoThe SEC refuses to approve spot crypto ETFs. The SEC approves future based crypto ETFs. Also, I wouldn't point to grayscale as an example of a good operator. Their Bitcoin trust is trading way below par.
- gjs278 4y ago