Gensler says SEC's move to approve spot bitcoin ETFs was limit | • CRYPTO NEWS • #BTC • #ETH •
Gensler says SEC's move to approve spot bitcoin ETFs was limited, despite excitement about possible Ethereum ETFs
Securities and Exchange Commission Chair Gary Gensler said Wednesday that the agency's move to approve several spot bitcoin exchange-traded products earlier this month was limited to just the single cryptocurrency, despite some anticipation by some that spot Ethereum ETFs could be next to gain approval. The agency approved 11 spot bitcoin ETFs on Jan. 10 following a decision in a D.C. court by three judges that said the SEC had to re-review a bid for Grayscale's spot bitcoin ETF application.
