Gary Gensler: SEC is reviewing Bitcoin spot ETF application documents
Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), said in an interview that "currently, the SEC has 8 to 10 Bitcoin spot ETF applications that need to be reviewed. These applications are not just formal, they require a lot of consideration from various departments of the SEC, with input from the finance department, and careful review of the submitted materials by the trading and market departments." When asked about the possibility of ETF approval, Gensler replied that he could not comment on the ongoing review and that he personally would not pre-judge the outcome of the process.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
HeLa Space Revolutionizes On-Chain Asset Management in Partnership with Aspis Protocol
Analyst Predicts Major Altcoin Surge After Bitcoin’s Post-Halving Cycle
Oklahoma proposes legislation to allow state workers and vendors to be paid in Bitcoin
Share link:In this post: Oklahoma Senator Dusty Deever has proposed the Bitcoin Freedom Act bill. The bill seeks to shield Oklahomans’ wages from inflation. Other states, such as Louisiana and Detroit, use cryptocurrency for government services.
FTX bankruptcy managers accused of spending funds on luxury hotels, travel as creditors file legal action
FTX creditor calls for tighter review of extravagant $2,600 taxi spending by bankruptcy managers.
Trending news
MoreCrypto prices
More
