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Posts published in “Business”

Grayscale lobbying for regulatory approval of options for spot Bitcoin ETFs

Grayscale is lobbying for the US SEC to approve options on its spot Bitcoin exchange-traded fund (ETF), Reuters reported on Feb. 29. Grayscale CEO Michael Sonnenshein said: “It is vital to the interests of GBTC and all spot Bitcoin [exchange-traded product] investors to access exchange-listed options on GBTC and other spot Bitcoin ETPs.” The SEC

TradFi starting to relent on Bitcoin ETF access amid intense demand from clients

TradFi institutions are starting to buckle under the pressure of demand from clients interested in Bitcoin (BTC) and are starting to add spot Bitcoin exchange-traded funds (ETFs) to their offerings. Bank of America’s Merrill Lynch and Wells Fargo’s brokerage division have recently begun offering their clients the option to invest in spot Bitcoin ETFs...