Appearing on Benzinga’s PreMarket Prep on Monday, Joe Saluzzi, co-founder and co-head of Themis Trading, said he was a fan of Gary Gensler until the Securities and Exchange Commission (SEC) chairman “caved” on the recent approval of spot Bitcoin ETFs. Why Gensler Should Have “Held The Line,” According to Saluzzi The co-author of “Broken Markets” said Gensler and SEC “proposed too much” and ran “into the crypto machine” ready to fight his regulation proposals in the courts. This overwhelmed the agency, with Gensler eventually having to yield on the approvals of the ETFs – “he caved on that” and…

Read More