đŻGrayscale CEO Michael Sonnenshein emphasizes that the SEC should permit the conversion of Grayscale Bitcoin Trust into a spot ETF concurrently with other applicants to ensure fair treatment and avoid disadvantaging Grayscale investors.
âïžFurthermore, Sonnenshein suggested that the approval of a Spot Bitcoin ETF could unlock approximately $30tr worth of additional capital inflow into Bitcoin.
âïžThis is really good news on the chapter of BITCOIN ETF
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