- Crypto asset manager Grayscale registered another retail-facing advertisement for its Bitcoin Trust with the SEC.
- Analyst Marty Party said the advertisements are intended for Grayscale’s spot Bitcoin ETF.
- The development follows a policy shift at Google to allow advertisements promoting cryptocurrency trusts.
Amidst rising optimism for a spot Bitcoin exchange-traded fund, crypto asset manager Grayscale – one of the forerunners in the ETF race – has registered another retail-facing advertisement for its Bitcoin Trust fund with the U.S. Securities and Exchange Commission.
Crypto Analyst known as Marty Party noted this development in a recent tweet on X (formerly Twitter). According to the analyst, the filing detailed on the SEC’s website is intended for Grayscale’s spot Bitcoin ETF.
ETF Update: Meanwhile @Grayscale register another retail facing ad for their spot Bitcoin ETF with the @SECGov https://t.co/5Joe7vUZYv pic.twitter.com/1eLtkGxFeV— MartyParty (@martypartymusic) December 11, 2023
Previously, Grayscale disclosed that it intends to convert its Bitcoin Trust to an exchange-traded fund should the SEC come through with approval. Earlier i…
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