Grayscale executive sees path to Ethereum ETF approval despite SEC silence
Grayscale's CLO noted that issues resolved during Bitcoin ETF approval process is applicable to Ethereum ETFs.

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Grayscale CEO Michael Sonnenshein said the firm anticipated the heavy outflows GBTC experienced since its launch.
The asset manager expanded its comments on market correlation as well as share creation and redemption.
BlackRock's IBIT now has $14.7 billion in assets under management, representing total holdings of 203,754 Bitcoin.
Observers opined that Grayscale's move would allow it to compete against rivals with competetive fees in the market.
Grayscale said that denial of options could unfairly discriminate against investors.
Bitcoin ETFs have acquired 300k BTC under management in less than 50 trading days.