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Michael Sonnenshein, CEO of the largest bitcoin and crypto fund Grayscale, has argued that the SEC’s justifications of why it approved Bitcoin futures ETFs but not spot ETFs, don’t add up.
The post Grayscale: The SEC must get comfortable with spot Bitcoin ETF appeared first on CryptoSlate.
Grayscale CEO Michael Sonnenshein emphasized the need for a balanced regulatory approach to cryptocurrency to avoid hindering innovation in the United States.
Sonnenshein joined Securitize nearly seven months after leaving Grayscale.
BlackRock’s commitment to advancing its crypto efforts only lends to the validity of Bitcoin as an asset class, said Michael Sonnenshein.
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