In a Tuesday Twitter post, Grayscale CEO Michael Sonnenshein announced the launch of an advocacy campaign for a BTC ETF. Grayscale filed with the SEC on Oct. 19 to list shares of Grayscale’s Bitcoin ETF under the ticker GBTC, the commission has delayed its decision on Dec. 15 and again on Feb. 4.
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“This campaign aims to educate and inspire the investment community to take action and make their voices heard on this historic decision,” said Sonnenshein. Grayscale has already received more than 200 letters in support of the firm to convert its Bitcoin Trust into a physical asset based fund.