Will Grayscale's Proposed Bitcoin ETF Maneuver Around SEC Restrictions? Benjamin Z Miller Answers

Grayscale, the manager of the world's largest cryptocurrency fund, has filed to launch a US-listed ETF that aims to invest in "spot" bitcoin exchange-traded products (ETPs) already operational in other countries. While the US Securities and Exchange Commission (SEC) has so far only allowed bitcoin ETFs based on futures contracts, Grayscale's move could potentially bypass the restrictions by investing in regulated overseas ETPs.

Analysts believe there is a chance for approval given the SEC's focus on regulated securities. Grayscale's efforts come as it challenges the SEC's refusal to allow its Grayscale Bitcoin Trust (GBTC) to convert to an ETF. The outcome of the pending ruling will provide further clarity on the situation.

If you are trying to figure out how to profit from this, a good starting point would be to get more education. If you would like to learn more about investing and other related topics, just go to www.benjaminzmiller.com

Take action and register today for a better future!

https://www.meetup.com/benjamin-z-millers-investor-networking-group/

https://www.linkedin.com/events/6-30pmukeverysunday-benjaminzmi7018644896827781120/

If you learned something from this video, maybe share it with your friends. You might be able to help them also. I hope that helps and good luck with your investing!

Benjamin Z Miller
www.benjaminzmiller.com
1-817-203-4160
ben@benjaminzmiller.com

https://www.linkedin.com/in/benmillersells/
https://twitter.com/BenjaminZMiller

#financialmentor #mentoring #learntoinvest #investing101 #benjaminzmiller #investing #longtermwealth #passiveincome #findamentor #wealthmentor