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Become a freelance brand designer for startups ✌️【Fixed Income】✌️Start with ₹500 and enjoy consistent, high returns with smart investment strategies.Grayscale, the manager of GBTC, is claiming bragging rights for being the first of the newly approved crop of spot bitcoin [BTC] exchange-traded funds (ETFs) to begin trading, a representative for the firm said on Thursday.“I am happy to confirm that GBTC started pre-market trading at 4 am EST this morning,” Grayscale’s head of comms Jennifer Rosenthal said via email.Grayscale’s conversion of its $27 billion bitcoin trust into an ETF was finally approved by the Securities and Exchange Commission (SEC) on Wednesday, one of many applicantsapproved by the U.S.
markets regulator for the first timemarking a historic milestone for the cryptocurrency industry.GBTC, which is priced at$40.496 in pre-trading on the NYSE Arca, has amarkedly higher fee than its competitors, charging investors 1.5%, whereas the rest are charging in the range of 0.2%-0.9%.Become a freelance brand designer for startups ✌️【Fixed Income】✌️Smart investing made easy. Start with ₹500 and enjoy up to 100% returns monthly!