Grayscale has filed a registration of securities with the US Securities and Exchange Commission (SEC) for its Spot Bitcoin ETF. Registration is a crucial part of the application process and could signify approval is somewhere on the horizon. Fidelity recently submitted the same filing this week, as they also prepare their application to be approved, or denied, before next week’s deadline. Both firms represent one of the more than a dozen applicants the SEC is considering. However, this development does increase the odds of approval from the agency. Grayscale has officially filed a registration of securities with the SEC for its impending Spot Bitcoin ETF.
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