Grayscale CEO sees spot bitcoin ETF as first step towards ‘normalizing’ crypto

Grayscale CEO sees spot bitcoin ETF as first step towards ‘normalizing’ crypto

11 months ago
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https://techcrunch.com/2024/01/10/grayscale-ceo-spot-bitcoin-etf/

It’s been a long road for spot bitcoin ETF filers – and today the U.S. Securities and Exchange Commission finally approved all 11 standing applications from issuers.

“I’ve known for 10 years that this was going to happen,” Michael Sonnenshein, CEO of Grayscale Investments, said on TechCrunch’s Chain Reaction podcast. “We always knew the investor sentiment would get there, regulators would get there and the financial advisor community would get there.”