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Billionaire Mike Novogratz's Galaxy Digital is the 9th firm to apply for a bitcoin ETF


Billionaire Mike Novogratz s Galaxy Digital is the 9th firm to apply for a bitcoin ETF
[email protected] (Shalini Nagarajan)
© Thomson Reuters
Michael Novogratz. Thomson Reuters
Mike Novogratz s Galaxy Digital is the latest firm to apply for a bitcoin ETF with the SEC.
The New York-based digital asset bank is already a sub-advisor to an active bitcoin ETF in Canada.
Regulators are weighing similar applications from eight other firms including Grayscale and SkyBridge.
Galaxy Digital, a crypto asset bank run by billionaire Mike Novogratz, filed for approval to launch a bitcoin exchange-traded fund on Monday, according to a Securities and Exchange Commission filing. ....

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