Grayscale Updates GBTC Agreement for the First Time to Optimize It for Conversion to ETFs

30.11.2023
30.11.2023

Grayscale has updated the Grayscale Bitcoin Trust (GBTC) agreement for the first time since 2018.

The company's goal is to optimize the fund's structure to convert it into a spot Bitcoin ETF.

Today, the company has changed the method of charging management fees from monthly to daily.

Grayscale has also allowed the pooling of assets into a single account, which will allow for smoother creation and redemption of shares. This system is used in Coinbase Custody.

Our Social Networks :
X.com
Telegram
Facebook
Instagram

You can register in 🔸BINANCE🔸 and get good bonuses with us(100$)!!!

return