Nate Geraci (@NateGeraci): IMO, most substantive aspect of Grayscale's SEC meeting yesterday (& today's subsequent 8k filing) is that GBTC "conversion" is being referred to as a…
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IMO, most substantive aspect of Grayscale's SEC meeting yesterday (& today's subsequent 8k filing) is that GBTC "conversion" is being referred to as an "uplisting"... That doesn't indicate any issues w/ conversion to ETF (contrary to the below). https://twitter.com/NateGeraci/status/1724564034630906191 https://t.co/nCZ8Z1ndNO Quote [@NateGeraci](https://www.twitter.com/NateGeraci/status/1724564034630906191) > Interesting comments from ARK's Cathie Wood... > > Says rumblings that SEC may not allow Grayscale to convert GBTC into ETF. > > Could hold up timeline for launch if SEC wants to batch approve everyone. > > Not sure what to make of this (8:45 mark). > > via @kgreifeld https://t.co/oqKBIjWAU8