In a recent episode of CNBC’s Squawk Box, Grayscale chief executive Michael Sonnenshein shared his positive stance on the future of the Bitcoin ETF in the U.S.
He believes that this is “really a matter of when, not a matter of if” and explained why Bitcoin volatility does not matter much to many investors.
Joe Kernen, CNBC’s Squawk Box co-anchor, asked for Sonnenshein’s take on the recent slump of the Bitcoin price and if worldwide regulators or China are to blame for it.
He also wondered whether, as time passes, BTC is likely to lose a lot of volatility to become more suitable as a currency.
