SEC Chair Gary Gensler Provides Update On Bitcoin ETFs, Cautions Investors On Crypto: ‘There Is A Lot Of Noncompliance’
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler gave broad commentary on pending spot Bitcoin ETF applications Thursday as investors eagerly anticipate updates regarding ETF applications. What Happened: Gensler appeared on CNBC’s “Money Movers” Thursday and spoke about the ongoing application review process. According to documents filed with the SEC, Blackrock and Fidelity met with SEC representatives on Monday regarding their spot Bitcoin ETF applications. “We had in the past denied a number of these applications, but the courts here in the District of Columbia weighed in on …