GBTC approval would possibly possibly well also return a ‘couple billion dollars’ to traders: Grayscale CEO

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

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Grayscale Investments' CEO Michael Sonnenshein acknowledged he “can’t think about” why the USA Securities and Commerce Commission (SEC) “wouldn’t desire” to guard Grayscale investors and return the exact asset impress to them, in a present podcast interview.

In an interview with What Bitcoin Did, a favored podcast hosted by Peter McCormack, on Feb. 25, Sonnenshein outlined that the SEC “violated the executive procedures act” by denying Grayscale Bitcoin Belief (GBTC) to be an accredited location Bitcoin (BTC) alternate-traded fund (ETF), in June 2022.

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