TechFlow news: In response to reports stating that the U.S. SEC claimed incomplete filings by BlackRock, Fidelity, and others for spot Bitcoin ETF applications, Patrick McHenry, Chairman of the U.S. House Committee on Financial Services, commented on Twitter: "If these reports are accurate, SEC Chair Gary Gensler needs to explain himself. ETFs would offer everyday investors a product regulated by the SEC. The only reason Gary Gensler opposes this is because he wants to kill cryptocurrency innovation in the United States."





