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SEC Chairman: Grayscale's lawsuit is key to approving spot Bitcoin ETF

SEC Chairman: Grayscale's lawsuit is key to approving spot Bitcoin ETF

2024/01/12 17:29

Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), has stated that Grayscale's lawsuit plays a crucial role in the approval of a spot Bitcoin ETF. He said, "Over the years, we have rejected some applications for spot Bitcoin ETFs, and some things have changed. I believe in the rule of law and respect for the courts, and, with the consideration of new court decisions, we move forward. I think this is the most sustainable path forward."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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