Grayscale CEO Sees $30 Trillion Boost Upon Bitcoin ETF Approval

Grayscale CEO Michael Sonnenshein recently discussed the far-reaching implications of a potential spot Bitcoin ETF approval in the United States. During a CNBC interview, he shed light on the transformative impact this could have on the cryptocurrency market. Sonnenshein pointed to the approximately $30 trillion in advised wealth within the U.S. as a significant untapped source that could flow into the crypto market following such approval.