Gary Gensler, the Chairman of the U.S. SEC, Confirms the Examination of Multiple Bitcoin ETFs

The competition to launch the first Bitcoin ETF in the United States is intensifying. Gary Gensler, the Chairman of the U.S. SEC, has confirmed that the commission is currently reviewing 8–10 applications for a physically-backed Bitcoin ETF. These developments, indicating the potential evolution of the market, coincide with a significant surge in Bitcoin's price, which has heightened anticipation among stakeholders. KEEP READING