Grayscale CEO: BlackRock ETF filing a ‘moment of validation’ for Bitcoin

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The recent tsunami of spot Bitcoin (BTC) exchange-traded fund (ETF) filings should be seen as a “moment of validation” for Bitcoin, says Grayscale Investments CEO Michael Sonnenshein.

During a July 12 interview on CNBC’s Last CallSonnenshein rejected the notion that BlackRock’s entrance to the Bitcoin ETF race made it “uncool.”

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