The decision of three members of the SEC, the controversial name Gary Gensler, drew attention to Spot Bitcoin exchange traded fund (ETF) applications.
U.S. Securities and Exchange Commission (SEC) spot Bitcoin ETF vote in total 5 members voted. One of them is the Chairman of the SEC. Gary Gensler happened. From those who voted 3 of them are in favor of accepting ETF Gary Gensler was among these names when voting.
The other two names that approved for the Spot Bitcoin ETF are: Hester Peirce And Mark Uyeda It was recorded as. Commission members Caroline Crenshaw And Jaime Lizárraga Voted against Bitcoin ETF approval.
Which side Gensler would be on was a matter of great debate, but BlackRock And Fidelity In response to this demand from institutions such as, public pressure apparently pushed Gensler to decide in favor of Bitcoin. Gensler has often made negative statements about Bitcoin and cryptocurrencies, and the SEC under his management has Binance And coinbase He filed a lawsuit against stock exchanges such as.
As chairman, Gensler’s vote was decisive in approving the Bitcoin ETF. On the other hand, Hester Peirce, one of the names who voted for approval, often came to the fore with her pro-Bitcoin speeches in the parliament.