Bitcoin is just a “couple of points of maturation” away from getting an approved ETF in the U.S., says Grayscale CEO.
The head of crypto investment giant Grayscale believes that only a “couple of maturation points” separate the United States from its first Bitcoin (BTC) exchange-traded fund (ETF).Speaking to CNBC on July 19, Michael Sonnenshein reiterated that a U.S. ETF is a matter of “not ‘if,’ but ‘when.’”Sonnenshein: “If, not when” for U.S. Bitcoin ETF Regulators currently have 13 ETF applications under consideration, and the U.S. lags behind neighboring Canada when it comes to giving them the green light.Years of applications and rejections have gone by, and some believe that an ETF would ultimately create bearish price pressure for Bitcoin in the long term.Nonetheless, Grayscale CEO Sonnenshein says the firm is “100% committed” to transforming its Bitcoin product, the Grayscale Bitcoin Trus
Źródło: https://cointelegraph.com/news/grayscale-100-committed-to-turning-gbtc-into-bitcoin-etf-ceo
