Stock Groups

Grayscale hints at plans to convert Bitcoin trust into BTC-settled ETF By Cointelegraph

[ad_1]

© Reuters.

Grayscale Investments, an institutional giant in institutional investment is thought to be looking at converting the Trust into a physical settled exchange-traded funds (ETF).

On Oct. 17, Barry Silbert, the CEO of Grayscale’s parent company Digital Currency Group, hinted that Grayscale is making plans to convert its Bitcoin Trust into a spot-settled Bitcoin fund.