JPM - Grayscale CEO Optimistic For Bitcoin ETF Approval Despite SEC Delay | Benzinga
Grayscale Investments CEO Michael Sonnenshein shared a positive outlook on the potential approval of a spot Bitcoin (CRYPTO: BTC) ETF.
What Happened: In an interview with Yahoo Finance, he said, "We're feeling optimistic," Sonnenshein remarked, highlighting the proactive engagement with the U.S. Securities and Exchange Commission (SEC).
The SEC's questions indicate a willingness to progress on this matter, he adds.
This optimism comes amidst a backdrop of regulatory delays and skepticism from traditional financial sectors.
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The SEC recently announced a postponement in its decision on the listing and trading ...