NYSE Arca extracts application to list Bitcoin trust: Grayscale

In 2013, the Bitcoin Investment Trust was declare by Grayscale Investments LLC. It says NYSE Arca extracted the application pending before the Securities and Exchange Commission to list the Trust shares.

Two similar “Rule 19b-4” applications in March to bring to market a first-of-its-kind product tracking bitcoin. However, it was denied by SEC.

It says, “the withdrawal will not affect the Trust’s quotation on the OTCQX”.

Also Read: Ukrainian lawmakers reveal big Bitcoin holding – $45 million

Bitcoin can be used globally to move money around the world quickly and with relative anonymity without the need for a central authority such as a bank or government.

NYSE was not instantly grasp for comment outside regular business hour.

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Sara Noah

Sara Noah is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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