The chairman of the U.S. SEC voted in favor of the Bitcoin spot ETF

2024-01-11 19:59:10

Collection

ChainCatcher news, according to CoinDesk, during the voting on the Bitcoin spot ETF, SEC Chairman Gensler, Peirce, and Uyeda cast their votes in favor, while Crenshaw and Lizárraga voted against, resulting in a final victory of 3 to 2.

Gary Gensler stated that the SEC lost in court in 2022 for rejecting the Grayscale Bitcoin ETF, which is why they can only approve more than 12 Bitcoin ETFs. However, he also mentioned that the SEC has not approved or recognized Bitcoin, and investors should remain cautious about the risks associated with Bitcoin and products linked to the value of cryptocurrencies.

(Source Link)

Related tags

U.S. SEC Bitcoin Spot ETF

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.