NEW YORK — Grayscale Investments, the world's largest digital currency asset manager with assets of roughly $2.7 billion, said on Tuesday it has filed with the Securities and Exchange Commission a registration statement on Form 10 for its bitcoin fund, a move aimed at broadening its investor base. Its bitcoin fund called Grayscale Bitcoin Trust (GBTC) has assets of about $2.175 billion, the company said, and it trades on OTCQX, an over-the-counter marketplace. This is a voluntary filing that is subject to SEC review, said Michael Sonnenshein, Grayscale managing director. "We filed a FORM 10 and the SEC can of course have comments, or questions, or they can ask us to expand on certain aspects of the document, but if they do not, it's typically goes effective after 60 days from the time is filed," Sonnenshein told Reuters.

Source: New York Times November 19, 2019 15:00 UTC