Grayscale asks SEC to "quickly approve" its spot Bitcoin ETF Today,

Our legal team and counsel at Davis Polk & Wardwell and Munger Tolles & Olsen delivered a letter to the SEC with important information to consider as it decides on next steps for $GBTC.

As the letter notes, $GBTCโ€™s โ€œRule 19b-4 filing has now been pending for nearly three times the length permitted for Commission action under Section 19(b) of the Exchange Act.โ€

$GBTC is ready to operate as a #bitcoinETF upon regulatory approval, and Grayscale looks forward to further constructive engagement with the SEC.

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