Grayscale Investments’ boss, Michael Sonnenshein, said that if GBTC got the green light to “convert” to a spot BTC ETF there would “no longer” be a discount or a premium, amid ongoing legal action against the SEC.
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Grayscale Investments’ boss, Michael Sonnenshein, said that if GBTC got the green light to “convert” to a spot BTC ETF there would “no longer” be a discount or a premium, amid ongoing legal action against the SEC.
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While BTIO is going from strength to strength with a total of $1.4 billion worth of inflows since late October, one expert thinks that VanEck’s Bitcoin spot ETF has a 200-1 chance of being approved by the SEC.
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Bloomberg ETF analysts are predicting Valkyrie’s futures-based Bitcoin ETF will commence trading this week.
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According to Bloomberg Senior ETF analyst Eric Balchunas there are “good signs” that the SEC will approve Bitcoin futures ETF applications from Ark Invest and Valkyrie.
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