Grayscale plans to convert Bitcoin Trust into an ETF, benefiting investors with increased accessibility

From Cointelegraph

July 19, 2024 4:25:59 pm:

Grayscale is set to convert its popular Bitcoin Trust (GBTC) into an exchange-traded fund (ETF), making it more accessible to investors. Current GBTC shareholders will receive shares in the new Bitcoin ETF based on their current holdings in GBTC. This move is expected to provide investors with a more liquid and efficient way to invest in Bitcoin.

Read more at Cointelegraph: Grayscale announces plans for Bitcoin ETF spinoff