Grayscale Investments files form S-1 to list Bitcoin Investment Trust on NYSE

posted about 4 years ago


Grayscale Investments, a unit of Barry Silbert’s Digital Currency Group, filed with the Securities and Exchange Commission to list its Bitcoin Investment Trust on the New York Stock Exchange. The move could expand the audience for the Bitcoin if the fund is approved by the SEC.

Bitcoin Investment Trust, first launched in 2013, already trades on OTC Markets Group Inc.’s over-the-counter exchange, OTCQX. With the new filing, the trust would operate as a traditional ETF, meaning that specialized traders would create and retire shares based on demand.

According to the information provided in form S-1, Grayscale Investments is the sponsor of the Trust, Delaware Trust Company is the trustee of the Trust, The Bank of New York Mellon is the transfer agent & the administrator of the Trust, and Xapo Inc. is the custodian of the Trust.
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