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

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

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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