Grayscale CEO Michael Sonnenshein joins Yahoo Finance Live’s Julie Hyman to discuss Grayscale’s push to convert its bitcoin ETF trust into an ETF, FTX’s current lawsuit against Grayscale, and the outlook for Grayscale.
Arguments in a closely-followed lawsuit between crypto firm Grayscale and the SEC suggested some investors are optimistic Grayscale's Bitcoin Trust could win approval to convert to an ETF.
Bankrupt crypto exchange FTX is suing Grayscale Investments through affiliate hedge fund Alameda Research as a way to maximize its return to creditors, it said in a Monday press release.