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Grayscale CEO: A Bitcoin ETF in the spot market could potentially tap into a $30 trillion market

Grayscale CEO: A Bitcoin ETF in the spot market could potentially tap into a $30 trillion market

2023/12/20 00:58

Grayscale Investments' CEO Michael Sonnenshein discussed his views on Bitcoin and the market's expectations for the U.S. SEC potentially approving a spot Bitcoin ETF during an interview with CNBC. Grayscale Investments anticipates that if a spot Bitcoin ETF is approved by the U.S. SEC, it will allow the $30 trillion wealth market to access Bitcoin. Sonnenshein stated, "I do believe there is a lot of optimism in the market, with many investors adding Bitcoin to their portfolios."

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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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