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Grayscale’s Sonnenshein Left ‘Encouraged’ After Hearing in SEC Case

Grayscale Chief Executive Officer Michael Sonnenshein is optimistic following a hearing over the Securities and Exchange Commission's rejection of his firm's application for a spot bitcoin ETF.

Sonnenshein said the company was left "feeling encouraged" walking out of the courtroom, before adding that yesterday was "another example of consistency" in a discussion with The Scoop's Frank Chaparro. It was the latest leg of a media tour following oral arguments in the firm's case versus the SEC on Tuesday. 

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