Grayscale Investments CEO Michael Sonnenshein joins Emily Chang to discuss why it believes the US Securities and Exchange Commission acted arbitrarily earlier this year in rebuffing its bid to convert its $12 billion spot Bitcoin trust into an exchange-traded fund. -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Emily Chang here: https://www.youtube.com/playlist?list=PLfAX25ZLrPGRzfILkSd-YiWfsoloCETAe Get the latest in tech from Silicon Valley and around the world here: https://www.bloomberg.com/technology Connect with us on... Twitter: https://twitter.com/technology Facebook: https://www.facebook.com/BloombergTechnology Instagram: https://www.instagram.com/bloombergbusiness/