Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease
![Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease](https://cryptoinvestment.at/wp-content/uploads/2024/04/grayscale-ceo-sees-gbtc-reaching-equilibrium-expects-outflows-to-ease.jpg)
Crypto 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 […]