![,000,000,000,000 Floodgates Will Open for Bitcoin Upon Approval of Spot BTC ETFs: Grayscale CEO ,000,000,000,000 Floodgates Will Open for Bitcoin Upon Approval of Spot BTC ETFs: Grayscale CEO](https://dailyhodl.com/wp-content/uploads/2023/12/Floodgates-Will-Open-Bitcoin.jpg?w=1024)
Grayscale CEO Michael Sonnenshein believes that a deluge of capital will flow into Bitcoin (BTC) once the U.S. Securities and Exchange Commission (SEC) greenlights a spot market BTC exchange-traded fund (ETF). In a new CNBC Television interview, Sonnenshein says the approval of spot Bitcoin ETF applications will open up the opportunity for a group of investors […]
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