Crypto-focused asset manager Grayscale said on Monday it has confidentially submitted paperwork with the Securities and Exchange Commission, signaling potential plans for a U.S. listing as bitcoin scales new highs.
The move coincides with the start of the “crypto week” in Washington, where lawmakers are set to debate three major bills that could offer long-awaited clarity to the industry.
Investor enthusiasm around the bills, which are expected to pave the way for digital assets to potentially be further integrated into traditional finance, has pushed…