Grayscale CEO confident in 2024 Bitcoin market
Grayscale CEO eyes spot Bitcoin ETF, unlocking $30 trillion for institutional investors, signaling broader crypto access and a bullish market . In a recent CNBC interview, Grayscale CEO Michael Sonnenshein passionately conveyed the potential impact of a spot Bitcoin ETF, emphasizing its ability to “unlock” Bitcoin (BTC) for approximately “$30 trillion worth of advised wealth.” The CEO acknowledged ongoing conversations with the SEC, emphasizing a commitment to navigating regulatory complexities. JUST IN: Grayscale CEO tells CNBC a spot #Bitcoin ETF would "unlock" #BTC for about "$30 trillion worth of advised wealth." pic.twitter.com/yaM1riX9FI — Bitcoin Magazine (@BitcoinMagazine) December 18, 2023 You might also like: Mike Novogratz: Bitcoin poised for flight over ATH on spot BTC ETF approval “We see this as a tremendous opportunity for investors. It’s about providing access, and a spot Bitcoin ETF could be t...