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Grayscale Managing Director: Under the Quantitative Easing Policy, Investors are Willing to Invest in Bitcoin

Amy Liu

Summary: According to Yahoo Finance, Michael Sonnenshein, managing director of Grayscale, stated that after the outbreak of COVID-19, the participation of investors in Bitcoin investment has increased substantially. He believes that many investors are convinced of the fact that Bitcoin is a scarce asset with a limited amount. In the context of the ongoing quantitative easing ...

According to Yahoo Finance, Michael Sonnenshein, managing director of Grayscale, stated that after the outbreak of COVID-19, the participation of investors in Bitcoin investment has increased substantially. He believes that many investors are convinced of the fact that Bitcoin is a scarce asset with a limited amount. In the context of the ongoing quantitative easing policy in the currency field and the broader investment portfolio, investors are willing to invest in Bitcoin.

By Amy Liu

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