Bitcoin
$ 67,937
Ethereum
$ 2,197.2
Tether
$ 0.9990

Grayscale Investments’ recent filing to register a spot Bitcoin ETF

Grayscale Investments had previously filed an application with the Securities and Exchange Commission (SEC) last year to convert its Grayscale Bitcoin Trust into an ETF. However, the SEC had rejected this application. In August, a court ruled that the SEC’s denial was “arbitrary and capricious,” requiring the SEC to reconsider Grayscale’s application. The key difference between spot Bitcoin ETFs and Bitcoin futures ETFs is that spot Bitcoin ETFs would hold the actual cryptocurrency, whereas Bitcoin futures ETFs track the price of Bitcoin futures contracts. The approval of spot Bitcoin ETFs is eagerly anticipated as they would allow investors to directly own and trade Bitcoin.

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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin67,937 0.23 % 2.11 % 3.88 %
Litecoin86.08 0.02 % 0.48 % 4.67 %
XRP0.5299 0.39 % 0.40 % 2.55 %
Ethereum2,197.2 0.23 % 0.67 % 2.46 %
Dogecoin0.1548 0.37 % 0.09 % 7.69 %
USDC1.000 0.10 % 0.02 % 0.08 %
Cardano0.2543 0.15 % 1.68 % 3.38 %
Tether0.9990 0.10 % 0.04 % 0.02 %
Binance Coin (Wormhole)222.47 0.38 % 4.71 % 3.08 %