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The first time I heard about Barry Silbert was during the block size wars, I think. I seem to remember him being prominent in the so-called New York agreement, but please correct me if I'm wrong. (Not that it really matters any more, btw.)
Anyway, as reported by several news outlets, he resigned from Grayscale earlier this week and it appears they (Grayscale) rushed to amend their bitcoin ETF application as a result.
The link I posted speculates it may have been a "strategic move". What do you think?
For people who don't know anything about Barry, Michael Cormack did a really great interview with Michael Sonnenshein (Grayscale CEO). In the last half hour they get into Barry and it gets kind of ugly.
Here's a direct link https://invidious.lunar.icu/watch?v=DMC08qC9sWk but the full episode is worth watching.
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its because of the shady shit going on with genesis
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They need to get every obstacle out of the way to ensure their ETF is approved together with all the others and Silbert has become a liability
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Feds do what Feds do.
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