GRAYSCALE CEO SAYS HE'S FEELING OPTIMISTIC FOLLOWING CONVERSATIONS WITH THE SEC ABOUT A SPOT BITCOIN ETF

Summary from the TLDR Crypto newsletter

Grayscale CEO Michael Sonnenshein stated that he remains optimistic about a potential bitcoin ETF approval following discussions with the SEC. Although the timeline has not been set, the firm believes that the SEC's questions suggest progress on their end. Along with apparent progress on BlackRock’s ETF application, many experts are expecting approvals to come within the next month.