Famous Bitcoin fund Graysacale applied to the SEC to convert its largest investment vehicle, GBTC, into a spot Bitcoin ETF, but the SEC rejected this application in June, saying that the cryptocurrency markets were too ripe for fraud and manipulation.
Grayscale took the SEC's refusal to court.
At this point, while the decision on the case is expected to be announced in the near future, the market is now waiting for the SEC to approve a spot Bitcoin ETF.
At this point, a move came from Grayscale.
Grayscale announced that it is seeking a skilled, analytical and proactive senior ETF specialist to support the development of Grayscale's ETF business.
“Grayscale Investments is seeking a skilled, analytical and proactive Senior ETF specialist to support the development of Grayscale's ETF business.
The senior expert will assist Grayscale's ETF team at all stages of the product lifecycle, including product strategy, ideation, listing and post-launch support.”
In his statement, Grayscale also shared details about the experience they want outside of the ETF expert's area of responsibility.