GreyScale Chief Legal Officer: Will closely cooperate with the SEC to promote the conversion of GBTC to a Bitcoin spot ETF.

Odaily News - In an official statement, Craig Salm, the Chief Legal Officer of Grayscale, stated, "We appreciate the opinion of the Washington D.C. Circuit Court, which recognizes the straightforward issue regarding equal treatment under the law in this case. At the same time, we are grateful to the legal teams at Munger, Tolles and Olson, Davis Polk, and Wardell. Moving forward, we will closely collaborate with the SEC to develop a plan to introduce GBTC as a physically-backed Bitcoin ETF on NYSE Arca."