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Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease

by wireopedia memeber
April 13, 2024
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
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Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease
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Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to EaseCrypto 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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