A Grayscale Bitcoin Spot ETF Could Be Right Around The Corner


We could have the first spot Bitcoin ETF on the market near the end of this year, as Grayscale intends to file for SEC approval for its product by “early next week,” according to CNBC.

The official Grayscale filing will kick off a 75-day review period for the SEC to either approve or deny the proposed spot Bitcoin ETF, a first of its kind, physically-settled, bitcoin financial product.

Bitcoin Futures ETF Opens The Door

After the approval for a Bitcoin futures ETF by companies ProShares and Valkyrie, the action appears to have opened the door for an immediate path to a physically-settled Bitcoin ETF coming to market. 

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