Grayscale’s Bitcoin Trust Seeks SEC Reporting Company Status
Grayscale Investments has filed to register its bitcoin trust as an SEC reporting company, potentially the first crypto vehicle to attain such status.
The crypto investment firm says it raised almost as much in Q1 2020 as it did over the whole of 2019.
Grayscale Investments has committed to financially supporting development of the ethereum classic (ETC) cryptocurrency for another two years.
Shares in the Grayscale Bitcoin Trust climbed 14% on Wednesday as bitcoin's price rallied toward $9,000.
The trust’s shares are now registered under the Exchange Act of 1934, making the Grayscale Bitcoin Trust the first cryptocurrency investment vehicle to become a reporting company.
There would be more women investing in bitcoin if they had more educational materials to help them, a new report found.