Grayscale CEO Believes Approval of Spot Bitcoin ETF by SEC Imminent
In a recent tweet that sparked excitement within the cryptocurrency community, the CEO of Grayscale Investments, Michael Sonnenshein, expressed his confidence in the eventual approval of a spot Bitcoin Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC). Sonnenshein's tweet read, "It's a matter of when, it's not a matter of if" a spot #Bitcoin ETF gets approved by the SEC, igniting speculation about the future of cryptocurrency investment.
https://twitter.com/BitcoinMagazine/status/1679176669108617230
The announcement by the influential CEO, whose firm manages the world's largest Bitcoin investment trust, comes after years of attempts by various entities to gain regulatory approval for a Bitcoin ETF. The SEC has historically been cautious about approving s...