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Grayscale's Bitcoin Trust Will Be Converted to an ETF

By: ETFdb
There still isn’t a Bitcoin exchange traded fund in the U.S., but crypto market observers and ETF issuers are growing optimistic on that front. Grayscale is readying for that event, telling investors on Monday it will convert the famed Grayscale Bitcoin Trust (GBTC) to ETF form when regulators approve Bitcoin ETFs.
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