Grayscale Bitcoin Trust on Tuesday submitted another amended S-3 filing to the U.S. Securities and Exchange Commission (SEC). It is the amendment no. 3 to convert GBTC to spot Bitcoin ETF as the window opens for a potential approval of spot Bitcoin ETF between January 5-10, 2024.

Grayscale Amends Spot Bitcoin ETF Prospectus

According to a filing with the U.S. Securities and Exchange Commission (SEC) dated January 2, Grayscale filed an S-3 form.

The amendment no. 3 to the registration statement filed solely for the purpose of filing certain exhibits and does not modify any provision of the prospectus that forms a part of the registration statement.

Bloomberg ETF analyst James Seyffart also noted that there are not details on specifics. “Just a bunch of exhibits added in relation to the trust’s 3rd party relationships it seems?”

Grayscale CEO Michael Sonnenshein also took to X (formerly Twitter) at the same time saying “big work week.” He seems to be pointing out the big week ahead for the crypto market as the SEC prepares to announce spot Bitcoin ETF approval. Some reports suggest the SEC could reach out to Bitcoin ETF issuers as early as Jan 6.

big work week.

— Sonnenshein (@Sonnenshein) January 2, 2024

Last week, Grayscale also amended its filing to convert the Grayscale Bitcoin Trust (GBTC) fund into a spot Bitcoin ETF after Grayscale Investments’ chairman, Barry Silbert, stepped down from the position. Seyffart said Grayscale apparently “bending the knee” as it accepts the SEC’s mandate on cash-only orders.