Grayscale CEO: Spot Bitcoin ETF Is A Matter Of When, Not If
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In an interview with CNBC, the CEO of Grayscale Investments argued that his company sees the approval of a spot bitcoin ETF as a matter of time. The listing of a spot bitcoin exchange-traded fund…
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Sonnenshein told Blockworks it is “tough to say what the SEC is waiting for” The firm, meanwhile, plans to launch products targeting other corners of crypto Crypto asset manager Grayscale Investments... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…
In an appearance on CNBC today, the CEO of Grayscale Investments, Michael Sonnenshein, shared insights regarding the potential impact of a spot Bitcoin Exchange-Traded Fund (ETF) on the cryptocurrency market. Sonnenshein highlighted that a spot Bitcoin ETF could “unlock” around “$30 trillion worth of advised wealth.” Sonnenshein discussed the significance…
Crypto asset manager Grayscale has had another meeting with the US Securities and Exchange Commission as final ETF details get ironed out. Meanwhile, the company’s chief executive said that its clients would lose out if it can’t convert the Grayscale Bitcoin Trust (GBTC) to a spot ETF. On December 20,…