- If deemed effective, the statement on Form 10 would designate Grayscale Bitcoin Trust (GBTC) as an SEC reporting company, register its shares, and would designate the trust as the first digital currency investment vehicle to attain the status of a reporting company by the SEC.
- It would also give accredited investors who purchased shares in the trust's private placement an earlier liquidity opportunity, reducing the statutory holding period of the placement to 6 months from a year.
Grayscale Bitcoin Trust files registration statement with SEC
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