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{"id":460,"date":"2021-07-19T16:04:11","date_gmt":"2021-07-19T16:04:11","guid":{"rendered":"https:\/\/www.cryptocurrencypanther.com\/2021\/07\/19\/michael-sonnenshein-grayscale-ceo-says-bitcoin-etf-is-a-matter-of-when-not-if\/"},"modified":"2021-07-19T16:04:11","modified_gmt":"2021-07-19T16:04:11","slug":"michael-sonnenshein-grayscale-ceo-says-bitcoin-etf-is-a-matter-of-when-not-if","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2021\/07\/19\/michael-sonnenshein-grayscale-ceo-says-bitcoin-etf-is-a-matter-of-when-not-if\/","title":{"rendered":"Michael Sonnenshein, Grayscale CEO says Bitcoin ETF is a matter of \u2018When\u2019 not \u2018If\u2019"},"content":{"rendered":"


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Grayscale CEO, Michael Sonnenshein is optimistic about Bitcoin ETF\u2019s<\/a> future in the US. He has commented saying that institutional investors who have their Bitcoin deposits in the GBTC funds<\/a> are now insisting on an authorized ETF.\u00a0 Grayscale is now preparing to get the final approval from the government.<\/p>\n

Talking about the status of Bitcoin ETFs in the US Sonnenshein said it\u2019s the matter of \u201cwhen\u201d rather than \u201cif.\u201d<\/p>\n

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\u201cA Bitcoin ETF here in the US is really a matter of when, not a matter of if\u2026We\u2019re looking for a couple of different points of maturation in the underlying market. That\u2019s the final stages of what regulators need to approve those types of products.\u201d, Sonnenshein told Squawk Box in an exclusive interview.<\/p>\n

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"A #bitcoin<\/a> ETF here in the US is really a matter of when, not a matter of if," @Grayscale<\/a>'s @Sonnenshein<\/a>. "We're looking for a couple of different points of maturation in the underlying market. That's the final stages of what regulators need to approve those types of products." pic.twitter.com\/GsH0fdm0Xf<\/a><\/p>\n

— Squawk Box (@SquawkCNBC) July 19, 2021<\/a><\/p><\/blockquote>\n