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Grayscale ‘100% Committed’ to Making Biggest Crypto Fund an ETF

  • At $39 billion, GBTC would rank among 30 largest U.S. ETFs
  • Converting to an ETF has been the plan since ‘Day 1’: CEO
Bitcoin Mining at Russian CryptoUniverse Farm
Photographer: Andrey Rudakov/Bloomberg

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The company behind the world’s largest cryptocurrency trust intends to flip it into an exchange-traded fund as soon as U.S. regulators allow.