Grayscale Requests Meeting with SEC to Discuss Next Steps for Bitcoin ETF Conversion

Grayscale has informed the Securities and Exchange Commission (SEC) that it no longer has legal grounds to prevent the transition of its prominent Bitcoin fund to a spot exchange-traded fund (ETF).

On September 5, legal representatives for Grayscale sent a letter to the SEC requesting a meeting to discuss the next steps following the regulator’s court ruling concerning the conversion of the Grayscale Bitcoin Trust.

The communication highlights Grayscale’s position and the recent developments around its efforts to transform its fund structure.