Gensler Suggests Reevaluation of Bitcoin ETFs
The SEC Chairman has indicated that recent court rulings, such as the one involving Grayscale, have prompted the SEC to reconsider its stance on Bitcoin ETFs.
On this page
The SEC Chairman has indicated that recent court rulings, such as the one involving Grayscale, have prompted the SEC to reconsider its stance on Bitcoin ETFs.
“We had previously denied several of these applications. So we’re taking a new look at them based on these court rulings,” he explained.
The
SEC has received 8 to 12 applications related to the approval of a spot
Bitcoin ETF, with the review process scheduled to commence in early
January.
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.
Articles by this author
