Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease

Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease



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 exchange-traded fund (ETF) are “largely behind us.” The crypto asset manager also expects GBTC’s fees to come down “as markets mature.” Grayscale’s CEO […]



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