Grayscale CEO: A Bitcoin ETF in the spot market could potentially tap into a $30 trillion market

Grayscale Investments' CEO Michael Sonnenshein discussed his views on Bitcoin and the market's expectations for the U.S. SEC potentially approving a spot Bitcoin ETF during an interview with CNBC. Grayscale Investments anticipates that if a spot Bitcoin ETF is approved by the U.S. SEC, it will allow the $30 trillion wealth market to access Bitcoin. Sonnenshein stated, "I do believe there is a lot of optimism in the market, with many investors adding Bitcoin to their portfolios."