A spot ethereum ETF is 'a matter of when, not a matter of if': Grayscale CEO Michael Sonnenshein

Grayscale CEO Michael Sonnenshein joins 'Squawk Box' to discuss calls by Coinbase for the SEC to approve Grayscale's application for a spot ethereum ETF, how likely an approval will be, the state of the spot bitcoin ETF market, crypto trading outlook, and more.

[Wuschel]

I always wanted to trade crypto, so I gave it a shot despite being confused by the price volatility. Even after watching many YouTube videos, I found it difficult to understand and ended up losing my trades.

[Parzen]

The stock market rally started Thursday strong but reversed solidly lower, undercutting the lows of the prior few days. It's a reason to be cautious in the very short term. But the pullback could be setting the stage for another solid advance. Tesla (TSLA) continued to climb Thursday, even though the EV giant pared intraday gains. TSLA stock has now more than doubled from its Jan. 6 bear-market low, I'm still at a crossroads deciding if to liquidate my $238k stock portfolio, what’s the best way to take advantage of this bear market?

[dastan]

Ethereum and all other altcoins have teams, investors, roadmaps, marketing budgets, shares in tokens.... so, before approving ETF, they should be approved as companies(registered securities) by regulator.

[cloudjits]

Most rude hosts ever. Interrupts every time

[kaczynskiwannafly]

True, but it might be delayed. I'll be able to buy some ETH in OWNR before that anyway.

[CryptoBatavia]

Bitcoin's surge is grabbing all the attention, but I'm looking beyond the mainstream. While Ethereum tokens might seem overhyped, I've got my eyes on Arbitrum tokens like Smart Aliens (SAS). Their dedication to crafting an impressive shooter game with stunning graphics since 2022 is commendable. Now, with an open beta release just around the corner on the Elixir launcher and a market capitalization under 1 million, SAS could be a hidden gem. Can't wait to see where it goes!

[josefernando-fcyp]

Blocksailor's crew embodies knowledge and dedication. A winning combination for success!

[RobervalCripto]

🔥 #Ethereum ETF Approved #Bitcoin #ETF #Crypto $ETH 🚀 3-Tri 👍 ..

[ThePino-uhhe]

Blocksailor's crew embodies knowledge and commitment. A great combination for success!

[AldoMaquial-yhkc]

The expanding community around Blocksailor is a hopeful sign. Together, we can achieve great things!

[YanelMunoz]

The possibility of Blocksailor token to disrupt the market is intriguing. Could it change finance?

[CryptMnkey]

People don’t realize that ETH ETF will be bigger than BTC because of staking and yield…

[thisisheaven]

The SEC will Approve the Spot Ether ETF. But no other ETFs may be allowed. Only ETFs for Bitcoin and Ether.

[kourganovmark]

I love you guys. Please buy more and more! It is so cool! I earn more money! 😊😊😊😊

[_minisatoshi]

Looking forward to the Bitcoin (Cash) spot ETF application!

[ClassicStrategist]

this aged well😂 we can forget a spot etf now..

[AbubakarSani-hclp]

This is quite amazing, but investment on this big project I think is very late, rather Invest on good projects pre-sale like hyperloot

[Daniel_alejandro]

Blocksailor's dedication to autonomy is commendable. A step toward a free future!

[benjaminjonas]

Ethereum "investors" have all failed the IQ test

[Joseff]

Blocksailor's commitment to innovation is evident in its groundbreaking features. It's projects like these that push the industry forward.