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GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF

Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.

Grayscale ad (Nikhilesh De/CoinDesk)
Grayscale ad (Nikhilesh De/CoinDesk)