Breaking: Grayscale Selects BNY Mellon as ETF Service Provider for Upcoming Bitcoin ETF

Grayscale, the world’s largest digital asset manager today announced BNY Mellon, the oldest custody bank as its ETF service partner when it would convert its popular institutional Bitcoin product GBTC into a Bitcoin ETF. BNY Mellon would act as the asset servicing provider that would offer fund accounting and administration for GBTC until it gets converted to an ETF. The service period would start from October 1st, 2021.