There are bitcoin ETF applications that should be approved with Grayscale's conversion: CEO

Fred Thiel, CEO of Marathon Digital, discusses the U.S. Court of Appeals' decision to side with Grayscale in a lawsuit against the Securities and Exchange Commission, which had denied the company's application to convert the Grayscale Bitcoin Trust to an ETF. He says "there are a number of very high-quality ETF applications — BlackRock, Fidelity, etc. — which really should be approved along with the Grayscale conversion to an ETF."