📊💼 Bloomberg analyst James Seyffart suggests that while the conversion of GBTC to a spot ETF may have taken time, the timing could differ from other Bitcoin spot ETFs. He indicates that even if GBTC is not an ETF on the first day when other Bitcoin spot ETFs are listed, there remains an open possibility that GBTC's ETF conversion and approval of other spot ETFs could coincide. 📈🚀 #BitcoinETF #GBTCConversion