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Greyscale, the world’s largest asset manager, is challenging to maintain its dominance in the spot bitcoin ETF market. Despite a significant capital withdrawal from the GBTC core, Greyscale remains adamant. Ten has unveiled plans for a smaller bitcoin ETF that features more competitive fees, to fend off competition from rivals. Grayscale’s Response to Market Trends…
In a recent announcement, the U.S. Securities and Exchange Commission (SEC) has extended the deadline for the evaluation of a proposed rule change by Grayscale. This modification pertains to the conversion of Grayscale’s Ethereum trust into an Ethereum spot exchange-traded fund (ETF). According to a report by Decrypt, the SEC anticipates requiring more than the…