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CryptoGlobe 2024-03-02 08:30:38

Pent-Up Demand Is Sparking Spot Bitcoin ETF Surge, Says Grayscale CEO

On March 1, Michael Sonnenshein, CEO of Grayscale, offered his insights on CNBC’s “Squawk on the Street” regarding the recent Bitcoin rally, the launch of the Grayscale Bitcoin Trust ETF (GBTC), potential outflows, and the broader implications for the cryptocurrency market. The Run of Bitcoin and the Impact of ETFs Sonnenshein attributed Bitcoin’s remarkable performance

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