
Grayscale filed a new application with the Securities and Exchange Commission for its Grayscale Bitcoin Trust as it looks to secure one of the first spot Bitcoin ETFs in the U.S.
The application, filed Thursday, is laying the groundwork for the company’s Grayscale Bitcoin Trust (GBTC) digital currency investment product to operate as a spot Bitcoin ETF listed on the New York Stock Exchange, pending SEC approval of its S-3 form.