Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

Michael Sonnenshein, CEO of Grayscale Investments, gives an overview of his firm’s case against the SEC, which has denied requests to turn Grayscale’s bitcoin trust into an exchange-traded fund (ETF). With oral arguments kicking off March 7, Sonnenshein lays out what a worst-case “tender offer” would entail and whether DCG CEO Barry Silbert has any say over GBTC’s fate.  Show highlights: why Grayscale charges higher fees than, say, the average ETF what Grayscale will do if it loses its case against the SEC why Grayscale has not filed for Regulation M relief Michael's comments on Gemini liquidating 31 million shares of GBTC the reason behind the October 2022 timing of Grayscale changing GBTC's “authorized participant” the relationship between Grayscale and DCG, and Barry Silbert's involvement in Grayscale's operations why the trust agreement of GBTC was changed Thank you to our sponsors! Crypto.com Guest Michael Sonnenshein: Twitter Links CNBC: Court sets date for oral arguments in Grayscale's ch