Golden Finance reported that Grayscale CEO Michael Sonnenshein said that crypto investors are increasingly optimistic that the SEC will approve exchange-traded funds (ETFs) that track spot Bitcoin prices and have seen some signs of a "recovery from the crypto winter." Bloomberg analysts predict official approval could come as early as January, with Sonnenshein saying he has observed a high degree of "understanding and engagement" from the SEC. "For us, it's really still a matter of when, not if," he said. .