Grayscale CEO: Optimistic about communication with the SEC regarding spot Bitcoin ETF

ChainCatcher news, Grayscale Investments CEO Michael Sonnenshein expressed optimism about the company's discussions with the U.S. SEC regarding the potential launch of a spot Bitcoin ETF. In an interview, he stated, "We are optimistic. We have been actively engaging with the SEC, and the feedback we have received indicates that the SEC wants to be involved in addressing this issue and is eager to make progress on it."

Additionally, Sonnenshein also noted that a timeline for approval has not yet been announced.