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Grayscale CEO Speaks After Spot Bitcoin ETF Approval! Here are their first statements!

Grayscale CEO Michael Sonnenshein expressed his thoughts after the approval of spot Bitcoin ETFs by the SEC. In an interview with Tech Crunch, Sonnenshein stated, “We already knew ETFs would be approved.” He attributed the SEC’s decision to Grayscale’s victory against them, mentioning that the critical factor was the DC Circuit Court of Appeals ruling in favor of Grayscale. Sonnenshein also revealed his long-standing belief in the eventual approval of ETFs, saying, “I’ve known these approvals were coming for 10 years.” He emphasized that the recent approvals were not only a breakthrough moment for Grayscale but also for the entire cryptocurrency industry, acting as a catalyst for the growth of Bitcoin and other cryptocurrencies.