GBTC approval might well return a ‘couple billion dollars’ to investors: Grayscale CEO

GBTC approval may return a ‘couple billion greenbacks’ to investors: Grayscale CEO

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In a contemporary interview, Grayscale Investments’ CEO Michael Sonnenshein acknowledged he “can’t factor in” why the US Securities and Change Rate (SEC) “wouldn’t want” to guard Grayscale investors and return the simply asset payment to them.

In a Feb. 25 interview on What Bitcoin Did, a most trendy podcast hosted by Peter McCormack, Sonnenshein outlined that the SEC “violated the govt. procedures act” by denying recognition of the Grayscale Bitcoin Have confidence (GBTC) to be a advise Bitcoin (BTC) exchange-traded fund (ETF), in June 2022.

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