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Grayscale to Convert Its GBTC Shares when Bitcoin ETFs are Permissible in the U.S.

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Bitcoin Encompassing the Globe

Bitcoin Encompassing the GlobeGrayscale Investments will convert its GBTC shares into an Exchange-Traded Fund (ETF) once U.S. regulators approve of such a derivative product, an explainer on Apr 5 reveals. GBTC versus Bitcoin ETF GBTC is a share of the Grayscale Bitcoin Trust–an SEC-Reporting firm. It distinguishes itself from others by being compliant with regulators’ laws, allowing deep-pocketed

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