Grayscale (GBTC) CEO Says SEC Should Allow Multiple Bitcoin ETFs at Once
Investors of the Grayscale Bitcoin Trust would be hugely disadvantaged should US regulators not allow it to convert into a spot ETF at the same time that other applicants get the green light to list their products.
That’s according to Grayscale’s Chief Executive Officer Michael Sonnenshein, who says the US Securities and Exchange Commission should bless multiple spot-Bitcoin ETFs at once.
