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Grayscale CEO: The Launch of Short Bitcoin ETF Is Positive for Crypto

Grayscale CEO: The Launch of Short Bitcoin ETF Is Positive for Crypto

Michael Sonnenshein, the CEO of the leading crypto asset manager, Grayscale Investments, believes the launch of ProShares’ Short Bitcoin Exchange-Traded Fund (ETF) could be a positive sign for the industry. In a Twitter thread on Tuesday, Sonnenshein noted that he believes the United States Securities and Exchange Commission (SEC) is gradually getting more comfortable with the leading cryptocurrency with the approval of new Bitcoin-linked investment products.








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