Prominent U.S. crypto asset manager Grayscale has hinted at expanding its ETF team, signaling optimism regarding its pending Bitcoin ETF application. This move follows a broader industry discussion over the U.S. SEC_s stance on Bitcoin ETFs. Grayscale_s battle with the SEC centers on approving a leveraged Bitcoin futures ETF, challenging the rejection of spot Bitcoin ETF proposals. The potential approval could reshape the crypto investment landscape, with Grayscale_s readiness reflecting anticipation for the SEC_s decision. Recent data shows Grayscale_s Bitcoin Trust (GBTC) performing strongly, possibly influenced by other traditional institutions_ ETF applications.
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Crypto Giant Grayscale_s ETF Division Hiring as Crypto Markets Await SEC Verdict
Prominent U.S. crypto asset manager Grayscale has hinted at expanding its ETF team, signaling optimism regarding its pending Bitcoin ETF application. This move follows a broader industry discussion over the U.S. SEC_s stance on Bitcoin ETFs. Grayscale_s battle with the SEC centers on approving a leveraged Bitcoin futures ETF, challenging the rejection of spot Bitcoin ETF proposals. The potential approval could reshape the crypto investment landscape, with Grayscale_s readiness reflecting anticipation for the SEC_s decision. Recent data shows Grayscale_s Bitcoin Trust (GBTC) performing strongly, possibly influenced by other traditional institutions_ ETF applications.