Do your part to help get a Spot Bitcoin ETF approved!

in bitcoin •  3 years ago  (edited)

You can help make a difference in your investment!

The SEC has yet to approve a spot-price based Bitcoin ETF.

The current Bitcoin ETF available in the US is a Futures based ETF, and now it's time to change that.

A futures based ETF is nice, but it's not what most investors want.

We want an ETF that actually holds the bitcoin it represents.

That's where you and Grayscale come in...

Grayscale filed an application to become the first physically backed Bitcoin ETF in the US a few months ago.

Thus far, the SEC has still been reluctant to approve, but if we get enough comments perhaps we can sway the tide... which is where you come in.

Here's what you do:

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(Source: https://grayscale.com/comment/?utm_source=TWITTER&utm_medium=social&utm_term=other&utm_content=6383529239&utm_campaign=!!!quick+post&linkId=153309145)

Just go to the above link and follow those 3 easy steps.

While one or two comments may not make a difference, but imagine if the SEC gets hundreds or thousands of submissions...

The number of submissions may directly impact whether they decide to approve a physically backed ETF or not.

Lets do our part to make this happen!

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Upvoted! Thank you for supporting witness @jswit.
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Just go to the above link and follow those 3 easy steps.

While one or two comments may not make a difference, but imagine if the SEC gets hundreds or thousands of submissions...
Thanks for this.......