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Grayscale launches campaign to encourage public comments on Bitcoin ETF application -Breaking

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As the U.S. Securities and Exchange Commission is considering whether to approve or deny asset manager Grayscale’s application for a spot exchange-traded fund (ETF), the firm has called on American investors to submit comments to the regulator.

Grayscale CEO Michael Sonnenshein speaks in a Twitter thread on Tuesday (NYSE:). AnnoucedThe SEC launched an advocacy campaign to encourage U.S. investors to communicate their views to it before any decision regarding Bitcoin is made.BTC(Investment vehicle). Since the NYSE Arca filed with the regulatory body on Oct. 19 to list shares of Grayscale’s Bitcoin ETF under the ticker GBTC, the commission has delayed its decision on Dec. 15 and again on Feb. 4.