TechFlow news — Forbes journalist Eleanor Terrett stated on X that she was not surprised by Democratic commissioner Caroline Crenshaw's vote against the agency's approval of a BTC spot ETF. According to her sources, like Gary, Crenshaw was never a fan from the start, and her skepticism toward the industry is clearly reflected in her dissenting opinion below.
Terrett also mentioned she doesn't know much about Lizárraga's stance on cryptocurrency, but judging from the voting pattern, these two commissioners voted along party lines, while Gary went against the grain.
Commissioner Crenshaw's term expires on June 5. Unless President Biden chooses to nominate someone else, he must renominate her.
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