Grayscale Submits Filing For Bitcoin Trust Transformation; Aims For NYSE Arca Listing – BlackRock (NYSE:BLK)

Grayscale Investments has taken another step forward in its journey to transform the Grayscale Bitcoin Trust GBTC into a spot Bitcoin BTC/USD ETF, by lodging a new registration document with the Securities and Exchange Commission (SEC).

This action follows the directive of a D.C. circuit court, urging the regulator to take another look at Grayscale’s proposal.

On Thursday morning, the asset management company presented an S-3 filing, a condensed variant of the standard S-1 filing typically utilized for new securities offered by companies in the U.S. before they can be listed on a national exchange.

This latest initiative by Grayscale comes amid efforts by other leading asset management…

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Aptos Electric Energy On First Birthday Leads To Operations Outage For Five Hours – Alpha Pro Tech (AMEX:APT)

Aptos Network experienced a network snag that lasted for more than five hours Wednesday, Oct. 18.

What Happened: According to Decrypt, ythe outage occurred while the network hosted a mass drawing application to celebrate its one-year anniversary and trended the Aptos One hashtag on social media platforms.

Find out more on Aptos and how it has emerged as a trending token among investors. Meet and engage with other transformative Digital Asset and Crypto business leaders and investors at Benzinga’s exclusive event: Future of Digital Assets. Tickets are flying: Get yours!

Aptos took to X to inform the community of the same.

To mark its big day, the Aptos Foundation created a community…

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Ethereum Falls After Jobless Claims Data; ApeCoin Becomes Top Loser

Bitcoin BTC/USD edged higher, with the cryptocurrency prices trading above the $28,400 level on Thursday.

Ethereum ETH/USD, however, moved lower, trading below the key $1,600 mark this morning.

U.S. jobless claims declined by 13,000 from the previous week to 198,000 in the week ending October 14, compared to market expectations of 212,000.

Bitcoin SV BSV/USD was the top gainer over the prior 24 hours, while ApeCoin APE/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap fell to $1.08 trillion, recording a 24-hour decline of 0.5%. BTC was trading higher by 0.3% at $28,449 while ETH fell by around 1.8% to $1,554 on Thursday.

Here are the top ten crypto…

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Coinbase To Establish Dublin HQ As MiCA Regulation Approaches – Coinbase Glb (NASDAQ:COIN)

Coinbase COIN has identified Ireland as its principal center for EU operations and regulatory affairs.

What Happened: The crypto exchange has forwarded its licensing application to the Central Bank of Ireland in preparation for the move, CNBC reported.

The decision aligns with the upcoming enactment of the European Union’s Markets in Crypto-Assets (MiCA) regulation, anticipated by December 2024.

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Coinbase is no stranger to Dublin. The company established an office there in 2018 and currently…

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