Gary Gensler, the newly appointed chairman of the U.S. Securities and Exchange Commission (SEC) has recently hinted at the possibility of a Bitcoin exchange-traded fund (ETF). A bitcoin ETF has been much awaited in the United States with the crypto community waiting for a long.
Gensler’s comments came during his first major briefing on crypto regulations on Tuesday, August 3. The SEC Chairman noted that a Bitcoin ETF which can comply with the regulator’s strict rules for mutual funds can provide necessary investor protection.
Gary Gensler showed his openness towards a Bitcoin ETF that focuses exclusively on bitcoin futures offered by the Chicago Mercantile Exchange (CME). Gensler said:
“Given these important protections, I look forward to the staff’s review of such filings, particularly if those are limited to these CME-traded Bitcoin futures”.
There have been multiple Bitcoin ETF applications currently pending SEC’s approval. Besides, the regulator has also rejected dozens
Źródło: https://coingape.com/sec-chairman-gary-gensler-hints-bitcoin-btc-etf-stricter-rules/
