regulatory
confidence high
sentiment positive
materiality 0.60
Grayscale Bitcoin Cash Trust holding period reduced to 6 months after 90 days as SEC reporting issuer
Grayscale Bitcoin Cash Trust (BCH)
- Minimum holding period for Shares purchased from Trust reduced from 1 year to 6 months under Rule 144 as of Dec 9, 2021.
- Trust became subject to Exchange Act reporting on Sept 10, 2021, satisfying the 90-day requirement.
- 28,869,462 Shares now freely tradable and unrestricted out of 34,812,900 total outstanding.
- Shares purchased from Trust before June 9, 2021 are now eligible for resale subject to Rule 144 conditions.