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TechFlow news — On December 13, SEC Chair Gary Gensler dismissed the idea of a spot Bitcoin ETF in an interview with Bloomberg. He stated: "Crypto securities are not only much smaller in scale, but they are not how we fund the government or implement monetary policy. Many investors have been harmed in this market due to excessive misconduct."
In a conversation with Bloomberg on December 13, SEC Chair Gary Gensler dismissed spot Bitcoin ETFs. He stated, "Crypto securities are not only much smaller in scale, they're not how we fund the government or how we conduct monetary policy, and many investors have been harmed in this market due to excessive misconduct."
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