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Grayscale CEO Michael Sonnenshein on bitcoin ETF approval: The culmination of 10 years of workThe Grayscale Bitcoin Trust (GBTC) is a digital currency investment product that makes bitcoins available to individual and institutional investors. GBTC is one of the first spot Bitcoin ETF in the US. A spot Bitcoin ETF is solely and passively invested in Bitcoin, whose shares are designed. Grayscale Led the Fight for Bitcoin ETFs. Now Its Fund Is Bleeding Billions. The crypto asset manager that forced U.S. regulators' hand in approving bitcoin.