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International Business Times

Business

Nica Osorio

THE TRUTH ABOUT: Bitcoin etf approvals could unlock floodgates of advised wealth for btc grayscale ceo - Caught on Camera

Bitcoin Grayscale ETF Michael Sonnenshein SEC

Grayscale's New Brand Identity (Credit: Grayscale Investments official YouTube channel)

KEY POINTS

Michael Sonnenshein has urged the SEC to approve multiple spot Bitcoin ETFs
"I think that the SEC should and does, in fact, want to create an even playing field," the CEO said
Bitcoin broke through the $43,000 price level, trading in the green zone at $43,036.39 Tuesday morning

Grayscale CEO Michael Sonnenshein has urged the U.S. Securities and Exchange Commission to allow multiple BTC exchange-traded funds (ETFs) at once as it could open the floodgates by "unlocking" around "$30 trillion worth of advised wealth."

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