U.S. SEC Chairman: Grayscale's victory is crucial for the approval of a spot Bitcoin ETF, but still does not endorse Bitcoin

2024/01/13 03:50

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According to Cointelegraph, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission, stated that Grayscale's victory in court is crucial for approving a spot Bitcoin ETF. It has changed the SEC's view on crypto investment tools. "Considering the new court ruling, we continue to move forward; I believe this is the most sustainable path," but Gary Gensler reiterated that this approval does not mean recognition of Bitcoin: "We do not recognize (Bitcoin)."

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U.S. SEC Chairman: Grayscale's victory is crucial for the approval of a spot Bitcoin ETF, but still does not endorse Bitcoin

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