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Gensler says SEC staff is working on Bitcoin ETF proposals
US Securities and Exchange Commission (SEC) Chair Gary Gensler has commented on the multiple Bitcoin exchange-traded fund (ETF) proposals before the agency by noting that its staff is “working” on them. Gensler commented on the topic of Bitcoin ETFs on Wednesday during an interview with Bloomberg TV’s Kailey Leinz. SEC continues to weigh Bitcoin ETF proposals BlackRock, Fidelity Investments and Invesco are among several asset managers and investment firms looking to list spot Bitcoin ETFs in the US. But the SEC, despite giving a nod to futures-backed ETFs for the market, has delayed decisions on these ... (full story)