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“I think that the SEC should, in fact, level the playing field and is doing so,” he said in an interview with Bloomberg TV. “We have publicly advocated that if the Commission is ready to grant the necessary authorizations for the launch of spot products, it should be done at once – the issuers who are operationally ready to bring their products to market , should come to market all at once.” He added that Grayscale is ready to list GBTC, as the company’s product is called, and that it has recommitted to reducing fees as soon as possible Trading as an ETF begins. The trust currently has an expense ratio of two percent.