James Seyffart, a Bloomberg ETF analyst, informed via the X platform that Grayscale had submitted a third revised version of their S-3 registration statement. The update notably includes added material connected to the trust's third-party relationships. Seyffart commented that, at first glance, the amendment seemed to primarily add proofs related to these relations without too many other specifics.
Earlier, Grayscale Bitcoin Trust (GBTC) had submitted a registration statement, including a prospectus, to the U.S. Securities and Exchange under U.S. Securities Law 163/433. Subsequently, they proceeded to file an amended S-3 registration document again. Seyffart noted this latest document as Amendment #3 to their ongoing efforts to convert $GBTC into a Bitcoin ETF.
