Michael Sonnenshein

Crypto asset manager Grayscale has appointed Peter Mintzberg as its new CEO, marking a turning point for the company that once stood at odds with traditional finance. What Happened: Mintzberg, who has held senior positions at Goldman Sachs (NYSE:GS) and BlackRock Inc. (NYSE:BLK), brings over two...

Grayscale Investments announced that Michael Sonnenshein is stepping down as CEO to “pursue other interests.” This marks a significant leadership transition for the cryptocurrency asset manager. Sonnenshein’s departure comes as Grayscale Bitcoin Trust (NYSE:GBTC) demonstrates...

Grayscale Investments on Monday announced that Michael Sonnenshein will step down as CEO, effective Aug. 15, later this year. Former Goldman Sachs (NYSE:GS) executive Peter Mintzberg will take over the role. Benzinga has reached out to Sonnenshein for a comment. Grayscale’s Chief Financial...

Spot Bitcoin ETFs saw modest inflows on May 8, with the $11.5409 million inflow into the Bitwise ETF (NYSE:BITB) being the only non-zero balance of the day. What Happened: Notably, Grayscale’s GBTC (OTC:GBTC), BlackRock‘s iShares Bitcoin Trust (NASDAQ: IBIT), the Fidelity Wise Origin...

Grayscale CEO Michael Sonnenshein on Friday shared plans for the company’s Bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Trust (OTC:GBTC), to eventually reduce its management fees. What Happened: Currently, GBTC charges the highest fees among all U.S. spot Bitcoin ETFs at 1.5%...

Grayscale, the world’s largest digital currency manager, is seeing a potential slowdown in outflows from its flagship ETF. What Happened: Speaking on a Reuters podcast, the company’s CEO Michael Sonnenshein suggested that the turbulence caused by the liquidation of assets from bankrupt...

Grayscale CEO Michael Sonnenshein on Tuesday made a public call for the approval of spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) options, emphasizing the importance of developing a robust market for these options. What Happened: In a post shared on X, formerly Twitter, ...

A panel at the World Economic Forum (WEF) meeting in Davos, Switzerland titled "Clear-Eyed About Crypto" agreed the cryptocurrency industry needs further regulatory clarity. The panel also struck an optimistic tone but rejected the appeal of meme coins like Dogecoin (CRYPTO: DOGE). When...

A new survey highlights a major shift in American voters’ priorities, showing 73% of participants believe U.S. presidential candidates must have a well-informed perspective on innovative technologies, such as artificial intelligence (AI) and cryptocurrencies. What Happened: Grayscale...

Grayscale Investments CEO Michael Sonnenshein in his recent CNBC appearance voiced his opinion about the potential impact of a spot Bitcoin ETF on the crypto market. What Happened: Sonnenshein highlighted that a spot Bitcoin ETF could "unlock" around "$30 trillion worth of...

Grayscale Investments CEO Michael Sonnenshein shared a positive outlook on the potential approval of a spot Bitcoin (CRYPTO: BTC) ETF. What Happened: In an interview with Yahoo Finance, he said, "We're feeling optimistic," Sonnenshein remarked, highlighting the proactive...

In the wake of Grayscale's (OTC: GBTC) landmark legal victory in its journey to launch the first U.S. ETF investing directly in Bitcoin (CRYPTO: BTC), industry leaders emphasized the paramount importance of investor protection. Grayscale CEO Michael Sonnenshein and...

Grayscale Investments CEO Michael Sonnenshein is calling on the U.S. Securities and Exchange Commission (SEC) for more regulatory clarity, with the hope that the digital currency asset manager isn't banned from using Coinbase as its custodian. In a letter, addressed to SEC Secretary...

Bitcoin (CRYPTO: BTC) asset management firm Grayscale announced a new investment product that gives investors exposure to Bitcoin mining equipment. The fund will generate money to purchase Bitcoin ASIC computers, which Foundry Digital will run to mine and trade Bitcoin for investors. The Asset...

Grayscale Investments — the firm behind the world's largest Bitcoin (CRYPTO: BTC) closed-end fund, Grayscale Bitcoin Trust (OTC: GBTC) — highlighted what it believes to be inconsistencies in the way the U.S. Securities and Exchange Commission (SEC) treats...