February 2, 2023

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SEC Chairman Gary Gensler reiterates his support for a bitcoin futures ETF

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Gary Gensler is the head of the US Securities and Exchange Commission.

  • noted a number of open-end mutual funds invested in bitcoin futures traded on the Chicago Mercantile Exchange
  • said laws provides “significant investor protection” for mutual funds and ETFs.

SEC is reviewing more than a dozen ETF filings for bitcoin and bitcoin futures products, among others, but none have been approved yet.

BTC has held its earlier gains:

btc chart 30 September 2021

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