Scott Johnsson: The only real headache in the Grayscale S-3 amendment is the changes to airdrops/forks

Scott Johnsson, a general partner at Van Buren Capital, stated on social media that the only truly troublesome change in the Grayscale S-3 amendment is the one related to airdrops/forks, which Grayscale has explicitly abandoned. I'm not sure why they made this change. Any future modifications will require regulatory approval. Other issuers (including the previous GBTC) have taken a discretionary approach (for example, we will decide what action to take if this occurs). I feel that the SEC will require this behavior to be enforced to explain this point, but other issuers have not made similar changes.