TechFlow News, according to TheDailyHodl on February 18, Galaxy Digital founder Mike Novogratz said the U.S. Securities and Exchange Commission (SEC) will approve a Bitcoin exchange-traded fund (ETF) under the leadership of SEC chair nominee Gary Gensler. Novogratz believes that current crypto investment vehicles, such as Grayscale Bitcoin Trust (GBTC), provide unfair treatment to retail investors, and Gensler is unlikely to leave this status quo unchanged. He also added that a Bitcoin ETF would not be good news for Grayscale.
Add to Favorites
Share to Social Media
