Grayscale Investments CEO Michael Sonnenshein said he is optimistic about the company's dialogue with the U.S. SEC on the possibility of launching a spot Bitcoin ETF. He said in an interview: "We are optimistic. We have been actively engaging with the SEC, and the feedback we have received from them shows that the SEC wants to participate in resolving this issue and is eager to make progress on this issue."

Furthermore, Sonnenshein added that a timeline for approval has not yet been announced.

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