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Grayscale CEO Says $2,000,000,000 Could Return to GBTC Investors’ Pocket Upon Conversion To Spot Bitcoin ETF

Grayscale CEO Says $2,000,000,000 Could Return to GBTC Investors’ Pocket Upon Conversion To Spot Bitcoin ETF


The Daily Hodl
2023-02-27 17:55:48

Grayscale CEO Michael Sonnenshein says that investors would greatly benefit from the conversion of GBTC into an exchange-traded fund (ETF), something the firm has been fighting for for multiple years. In a new interview with Peter McCormick, Sonnenshein says that the U.S. Securities and Exchange Commission (SEC) is violating Section 706(2)(A) of the Administrative Procedure The post Grayscale CEO Says $2,000,000,000 Could Return to GBTC Investors’ Pocket Upon Conversion To Spot Bitcoin ETF appeared first on The Daily Hodl .


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