The U.S. Securities and Exchange Commission (SEC) will review Grayscale’s Bitcoin Trust ETF filing once more. Meanwhile, BlackRock’s iShares Bitcoin Trust was recently listed on Nasdaq-traded ETFs maintained by DTCC. The two instances have pushed Bitcoin and thebroader crypto asset board significantly higher. The BTC Fear and Greed Index, a metric that measures the overall sentiment towards Bitcoin, reportedly stands at 66 indicating its presence in the so-called "Greed" territory.
The SEC has also acknowledged Grayscale's spot ether ETF filing which will convert Ethereum Trust (ETHE) into a spot Ethereum ETF. The SEC filing indicates that Grayscale Investments believes that allowing Shares of the Trust to list and trade on the Exchange as an ETP (converting the Trust to a spot Ethereum ETP) would unlock over $1.6 billion of value.
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