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Grayscale CEO: SEC should approve multiple spot Bitcoin ETFs at the same time, including approving GBTC conversion

Grayscale CEO: SEC should approve multiple spot Bitcoin ETFs at the same time, including approving GBTC conversion

CointimeCointime2023/12/19 04:34
By:Cointime

Grayscale CEO Michael Sonnenshein stated that the US SEC should approve multiple Bitcoin spot ETFs at the same time. If the agency approves other spot Bitcoin ETFs but does not allow GBTC conversion, then GBTC investors will be in an extremely disadvantaged position.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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