TechFlow news — SEC Chair Gary Gensler, in an interview today when asked about his view on Ethereum ETFs, responded: "As I said two weeks ago, the work we did on spot Bitcoin ETFs was limited to this one non-security commodity and should not be interpreted as anything more than that."
Gensler noted that investors now have better access to information regarding Bitcoin ETFs, stating: "From this perspective, there is also improved disclosure. These products are now listed on securities exchanges rather than traded over-the-counter. At launch, 10 or 11 came online simultaneously, creating a certain level of competition. You've already seen some competition, and investors are benefiting from lower fees."
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