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Gensler’s Preference for Bitcoin Futures Products Is Likely Bad News for a Spot BTC ETF

The SEC chairman's comments this week are causing issuers to readjust their expectations for the approval of a spot bitcoin ETF.

Updated Sep 14, 2021, 1:36 p.m. Published Aug 5, 2021, 8:24 p.m.
SEC Chairman Gary Gensler
SEC Chairman Gary Gensler