As the US Securities and Exchange Commission considers whether to approve or deny asset manager Grayscale’s application to create a cash ETF, the company has asked US investors to send their comments to the regulator.
In a Twitter (NYSE:) thread on Tuesday, Grayscale CEO Michael Sonnenshein announced the launch of an advocacy campaign for US investors to speak their minds to the SEC before a final decision is made on the investment vehicle in Bitcoin (). Since NYSE Arca requested the listing of the shares of the Grayscale Bitcoin ETF under the ticker GBTC from the regulatory body on October 19, the commission has delayed its decision twice, on December 15 and February 4.
“This campaign is intended to educate and inspire the investment community to take action and make their voices heard on this historic decision,” said Sonnenshein.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.