Grayscales War With The SEC Could Bring Billions Into Crypto | Michael Sonnenshein, Grayscale's CEO

Published: Feb. 28, 2023, noon

b'On March 7 Grayscale will contest the SEC\\u2019s decision to deny the conversion of its GBTC to an ETF. If Grayscale wins, it will mean we will finally have a Bitcoin spot ETF and it will also\\xa0\\npotentially lead to a surge of investment into Bitcoin and cryptocurrency markets. I talked to Michael Sonnenshein, CEO Of Grayscale Investments, about GBTC, SEC, what the conversion will mean to crypto and GBTC investors, the Genesis bankruptcy and effect of FTX, and of course the crypto regulation.\\xa0\\n\\nMichael Sonnenshein: https://twitter.com/Sonnenshein\\nGrayscale: https://grayscale.com/\\n\\n\\u25ba\\u25ba JOIN THE FREE WOLF DEN NEWSLETTER\\nhttps://thewolfden.substack.com/\\xa0\\n\\n\\u25ba\\u25baNORD VPN\\xa0\\nAn essential crypto product to protect your privacy and keep your crypto safe!\\xa0\\nSign up on my link below & enjoy the benefits of NORD VPN from just $4 a month.\\xa0\\n\\U0001f449https://nordvpn.com/WolfOfAllStreets\\xa0\\n\\nGET UP TO A $8,000 BONUS IN USDT AND TRADE ALL SPOT PAIRS ON BITGET FOR ZERO FEES!\\n\\u25ba\\u25ba https://thewolfofallstreets.info/bitget\\xa0\\xa0\\n\\nFollow Scott Melker:\\nTwitter: https://twitter.com/scottmelker\\xa0\\nFacebook: https://www.facebook.com/wolfofallstreets\\xa0\\xa0\\nWeb: https://www.thewolfofallstreets.io\\xa0\\nSpotify: https://spoti.fi/30N5FDe\\xa0\\nApple podcast: https://apple.co/3FASB2c\\xa0\\n\\n#Bitcoin #Crypto #trading\\xa0\\nTimestamps:\\n0:00 Intro\\n0:47 How does GBTC operate\\n3:09 GBTC vs ETF\\n7:45 Why Futures ETF was approved while spot ETF was not\\n12:34 GBTC investors would benefit from ETF conversion\\n15:47 Regulation\\n22:40 Is contagion over?\\n25:00 Genesis bankruptcy\\n27:45 SEC case\\n28:33 Can crypto companies work with SEC?\\n30:50 Seeking non-regulated jurisdictions\\n33:20 Ideal path for the US to be a tech leader\\n36:20 Will ETF unlock a massive audience?\\n39:24 What excites Michael in crypto\\n43:27 Wrap up\\n\\nThe views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor.\\xa0Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.'