GBTC Records Second Largest Net Outflow in the Past 15 Years, Grayscale Applies for Mini ETF with Ticker Symbol “BTC”

Bloomberg ETF analyst James Seyffart is also highly uncertain about the approval possibility. He speculates that it may occur within 60 to 270 days. On January 9th, he had speculated that Grayscale would use the stock code “BTC” for issuing a smaller Bitcoin ETF.