Grayscale CEO: ETFs are the solution to the grayscale Bitcoin trust fund problem.

Greyscale CEO Michael Sonenshine said on Thursday that a move to ETFs could solve many grayscale Bitcoin trust issues, according to a report from Yahoo Financial. He said the impact on GBTC price and bitcoin insurance could be corrected by swapping bitcoin trust funds for ETFs. “Regarding the arbitrage mechanisms created in ETFs, we believe that a discount or price on the asset can be offset by the value of the asset,” Michael Sonnenshein told Bloomberg TV.