Grayscale CEO: Feeling optimistic after communicating with SEC about spot Bitcoin ETF

Grayscale Investments CEO Michael Sonnenshein said he is optimistic after communicating with the SEC regarding a Bitcoin ETF. He said, "We feel optimistic and have been actively in contact with the SEC. The feedback we have received from them indicates that the SEC wants to be involved in resolving this issue and is eager to make progress on it." Sonnenshein added that the approved timetable has not yet been announced.