Grayscale CEO: Most spot Bitcoin ETFs will not survive

CAT January 19, 2024 1 min read

Naga Avan-Nomayo

Grayscale’s Michael Sonnenshein backed the longevity of his firm’s spot Bitcoin ETF as it saw over $2.2 billion in outflows less a week after approval.

Go here to Read this Fast! Grayscale CEO: Most spot Bitcoin ETFs will not survive

Originally appeared here:
Grayscale CEO: Most spot Bitcoin ETFs will not survive

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Related Stories

Federal prosecutors to downsize crypto lawsuits

The dYdX community approves revenue sharing proposal

Rising Bitcoin tides lift small-cap companies to bold reserve strategies

You may have missed

How to use the Apple Maps Library feature in iOS 18

Apple pulls US-funded Radio Free Europe app from Russia

Can’t find the perfect stock photo? Create you own with Getty Images’ AI tool

Predator: Badlands director says the titular creature will be the hero. Wait, what?