{"id":177350,"date":"2023-10-19T20:54:51","date_gmt":"2023-10-19T15:24:51","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=177350"},"modified":"2023-10-19T20:54:51","modified_gmt":"2023-10-19T15:24:51","slug":"grayscale-files-for-new-spot-bitcoin-etf-on-nyse-arca-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/grayscale-files-for-new-spot-bitcoin-etf-on-nyse-arca-crypto-news\/","title":{"rendered":"Grayscale files for new spot Bitcoin ETF on NYSE Arca &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Grayscale Investments submitted a new spot Bitcoin exchange-traded fund (ETF) application with the United States Securities and Exchange Commission (SEC) on Thursday.<\/p>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/fake-blackrock-etf-news-prompts-us57-mln-bitcoin-long-liquidations\/\">Fake BlackRock ETF news prompts US$57 mln in Bitcoin long liquidations<\/a><\/p>\n<h3 class=\"wp-block-heading\">Fast Facts<\/h3>\n<ul>\n<li>Grayscale\u2019s new <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1588489\/000119312523258940\/d569843ds3.htm\">filing<\/a> with the SEC is part of the firm\u2019s efforts to convert its Grayscale Bitcoin Trust, the world\u2019s largest Bitcoin fund, into a spot Bitcoin ETF.<\/li>\n<\/ul>\n<ul>\n<li>If approved, the ETF would be listed on the New York Stock Exchange (NYSE) Arca under the ticker symbol GBTC.<\/li>\n<\/ul>\n<ul>\n<li>\u201cGBTC is ready to operate as an ETF upon receipt of these regulatory approvals,\u201d Grayscale said in a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.grayscale.com\/blog\/legal-topics\/gbtcs-s-3-filing-explained\">blog post<\/a>.<\/li>\n<\/ul>\n<ul>\n<li>In late August, a U.S. court ruled in favor of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/headlines\/bitcoin-etf-grayscale-ruling-d-c-court\/\">Grayscale<\/a>, challenging the SEC\u2019s earlier refusal to allow the company\u2019s GBTC fund to be converted into a spot Bitcoin ETF. The SEC did not appeal its August loss.<\/li>\n<li>Bitcoin price rose 1.4% US$28.585 in the 24 hours to 10:45 p.m. in Hong Kong.<\/li>\n<\/ul>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/blackrock-shares-go-digital-jpmorgans-onyx-blockchain\/\">BlackRock shares go digital on JPMorgan\u2019s Onyx blockchain<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale Investments submitted a new spot Bitcoin exchange-traded fund (ETF) application with the United States Securities and Exchange Commission (SEC) on Thursday. See related article: Fake BlackRock ETF news prompts US$57 mln in Bitcoin long liquidations Fast Facts Grayscale\u2019s new filing with the SEC is part of the firm\u2019s efforts to convert its Grayscale Bitcoin [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":123355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-177350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/177350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=177350"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/177350\/revisions"}],"predecessor-version":[{"id":177351,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/177350\/revisions\/177351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/123355"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=177350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=177350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=177350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}