CoinShares to Buy Elwood’s ETF Index Business for $17M
The purchase also gives CoinShares access to Elwood’s equity-research team.
The fund manager filed a proposal with the SEC to list the Global X Bitcoin Trust on the Cboe BZX Exchange.
The SEC instituted proceedings on whether to approve the WisdomTree bitcoin ETF application, effectively delaying any firm decision by a few months.
The filing joins more than a dozen crypto ETF applications sitting before the SEC.
The world’s largest custodian bank will begin handling accounting and administration services for the Grayscale Bitcoin Trust in October.
The agency has extended its initial 45-day review period.