Bitcoin ETFs have smashed records this week. With more and more influx of capital, each day the Bitcoin ETFs have kept the prices of BTC afloat. Despite constant outflows since inception, Grayscale has kept its optimistic stance constant for Bitcoin ETFs. In a recent interview, Grayscale’s Global Head of ETFs expressed his positive stance on the current Bitcoin ETF inflow rise.
Grayscale stays Positive on Bitcoin ETFs
In a recent interview with Yahoo Finance, Grayscale Global Head of ETFs Dave LaValle said Bitcoin ETFs are ‘democratizing’ cryptocurrency investing. The remarks come in the same tone as of other industry experts terming ETFs as the “bridge” between digital currencies and traditional financial markets. Last month has seen outflows totaling close to $8 billion from Grayscale’s Bitcoin Trust (GBTC).
According to Yahoo Finance, LaValle explains “We came to market with $28 billion in assets, and we had 100% market share, so for us to expect that we were going to
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