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Grayscale CEO Michael Sonnenshein Steps Down, to Be Replaced by TradFi Veteran

[May 20 7:36 AM] Sonnenshein's replacement will be Peter Mintzberg, currently head of strategy for asset and wealth management at Goldman Sachs.

Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease

[Apr 13 3:30 PM] Crypto asset manager Grayscale Investments believes that GBTC “has started to reach a little bit of an equilibrium,” says CEO Michael Sonnenshein, noting that some anticipated outflows from the firm’s spot bitcoin…

GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days  

[Mar 19 12:00 PM] According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number…

Grayscale CEO Believes Bitcoin ETF Fees Will Drop Over Time: CNBC

[Mar 19 4:42 AM] GBTC has seen $12 billion in outflows since due in part to its high fees compared to its competitors.

Grayscale CEO Foresees Spot Bitcoin ETFs Unlocking '$30 Trillion Worth of Advised Wealth'

[Dec 18, 2023 12:43 PM] In an appearance on CNBC today, the CEO of Grayscale Investments, Michael Sonnenshein, shared insights regarding the potential impact of a spot Bitcoin Exchange-Traded Fund (ETF) on the cryptocurrency market. Sonnenshein highlighted that a spot…

Grayscale CEO Says They're "Ready For The Main Event", Awaiting Spot Bitcoin ETF Approval

[Nov 13, 2023 10:42 AM] Grayscale CEO Michael Sonnenshein took to X (Twitter) Monday morning to say "it's been a ten year dress rehearsal. we're ready for the main event," ahead of seemingly imminent approval for the conversion of its flagship fund into a spot Bitcoin…

Crypto community reacts to Biden’s proposed crypto tax reporting rules

[Aug 27, 2023 12:01 AM] Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States.

Using courts for every crypto issue will squash innovation: Grayscale CEO

[Aug 12, 2023 8:48 PM] Grayscale CEO Michael Sonnenshein emphasized the need for a balanced regulatory approach to cryptocurrency to avoid hindering innovation in the United States.

Grayscale CEO: BlackRock ETF filing a ‘moment of validation’ for Bitcoin

[Jul 12, 2023 12:18 AM] BlackRock’s commitment to advancing its crypto efforts only lends to the validity of Bitcoin as an asset class, said Michael Sonnenshein.

GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO

[Feb 25, 2023 9:36 PM] Grayscale Investments' boss, Michael Sonnenshein, said that if GBTC got the green light to "convert" to a spot Bitcoin ETF there would "no longer" be a discount or a premium, amid ongoing legal action against the SEC.

Court to hear oral arguments in Grayscale’s lawsuit against the SEC in March

[Jan 24, 2023 6:13 PM] Grayscale had expected it wouldn’t be able to voice arguments until the second quarter, and is calling the quicker timeline “welcome news.”

SEC’s ‘one-dimensional’ approach is slowing Bitcoin progress: Grayscale CEO

[Jan 23, 2023 8:06 PM] Grayscale’s chief was the latest to take a swing at the authority for its so-called “regulation by enforcement” actions.