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Grayscale CEO: Spot Bitcoin ETF Is A Matter Of When, Not If

The itemizing of a spot bitcoin exchange-traded fund (ETF) within the U.S. is solely a matter of time, stated Grayscale Investments CEO Michael Sonnenshein.

The chief government just lately mentioned the market want and impending approval for a spot bitcoin ETF throughout an interview with CNBC, through which he additionally defined that a lot of the previous considerations by the U.S. Securities and Exchange Commission (SEC) that resulted in Grayscale spot ETF functions being denied are now irrelevant.

“It really is, in our opinion, a matter of when and not if” the SEC approves a spot bitcoin ETF, Sonnenshein stated.

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