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U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push
    Posted on 11/09/2023
The U.S. Securities and Exchange Commission (SEC) has opened talks with Grayscale Investments on the details of the company's application to convert its trust product GBTC to a bitcoin spot exchange traded product (ETF), according to a person familiar with the back-and-forth, which could have momentous implications for the crypto industry.
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