Grayscale announced on Oct 12 that Grayscale Ethereum Trust is now an SEC (Securities and Exchange Commission) reporting company. This, according to crypto consultant Dr. Omer Ozden, signals that the trust is allowed to disclose information publicly, yet is only one step forward for SEC and the global market. The greater milestone lies in the permission for the two crypto vehicles of Grayscale’s, BTC Trust and ETH Trust, to be traded on exchanges with broader national influence, like Nasdaq and NYSE, rather than only on OTC markets. What’s good about SEC is that its testing and approval is based on disclosure instead of performance. That means those well-disclosed crypto programmes, such as base protocols and mining companies, are more likely to be granted here in comparison with other jurisdictions, where they might be rejected for being crypto-related. And now Grayscale built a bridge between traditional finance and crypto assets. “When I’m asked about how to join in crypto investment, as some of my friends from the Wall Street would wonder, I will mention Grayscale because the it would be easier to comprehend. This case, I will recommend it as their first step to get involved in crypto world,” said Ozden.