US Securities and Exchange Commission (SEC) Chairman Gary Gensler chose to remain silent against spot Bitcoin (BTC) ETF questions.
SEC Chairman Gary Gensler Wednesday, November 9 He spoke at the Healthy Markets Association conference. After his speech, Gensler avoided answering questions about spot Bitcoin exchange traded fund (ETF) applications. implicit answers He chose to give. The question of interest was what action the SEC would make regarding spot Bitcoin ETFs.
Gensler about this process You don’t want to prejudge He stated that the cryptocurrency industry is a dirty field:
The cryptocurrency industry is rife with bad actors, rife with fraud, manipulation and money laundering.
There are currently a number of spot Bitcoin applications sitting on the SEC’s desk, including: BlackRock, Fidelity It also includes applications from investment giants such as.
Finally, BlackRock and SEC representatives, on November 28 coming together iShares Bitcoin Trust He discussed how the exchange-traded fund called would operate.