Congressman ‘frustrated’ with SEC Chair as Bitcoin Spot ETF debate continues - Aliens: AI Crypto News & Markets Updates

Feed

News

Live News

About

Advertise

Latest

Bitcoin

Ethereum

NFT

Gaming

Policy

Blockchain

Altcoins

Congressman ‘frustrated’ with SEC Chair as Bitcoin Spot ETF debate continues

PublisherPublisher
AMB Crypto

Fri, Jan 14, 2022

Banner

Aliens TLDR

https://t.co/hsJXvmFvzD — Tom Emmer (@RepTomEmmer) January 13, 2022 He noted in an interview that Gensler “is too smart to be so stupid,” adding “This is driving opportunity off our shores and just look at the intellectual inconsistencies.” He said this with regard to the regulator’s decision to allow Bitcoin futures while blocking physically-backed ETFs. To recall, on 19 October, ProShares Bitcoin ETF ( BITO ) was listed at $40 to become the first futures ETF.

However, two Bitcoin spot ETFs proposed by Valkyrie and Kryptoin were rejected by the SEC just a while back.

Notably, he once said in the past- What Gensler is doing is “intentional” and not “ignorant,” in an attempt to “grow their regulatory jurisdiction over this industry.” However, the most important question is- With politics over the crypto ETF, will 2022 see the launch of the first Bitcoin spot exchange-traded fund?

This time around the regulator has extended the decision deadline on NYDIG spot bitcoin ETF to 16 March, instead of the previous January 15.

Read full article on Aliens appRead from Original Source

The best experience is on the app

Everything happening in the crypto world, in real time

app

Recommended Stories

Article list item background

Bitcoin and Ethereum Struggle, ADA and AXS Surge

Bitcoin price is struggling to settle above USD 43,500. Ethereum is consolidating near USD 3,300, XRP is below USD 0.80. ADA gained over 9%, and AXS is showing positive signs.
Cryptonews
·

6h

bitcoin

Recommended Stories

Article

Bitcoin and Ethereum Struggle, ADA and AXS Surge

Article

Walmart filings reveal plans to create cryptocurrency, NFTs

Article

Walmart is getting serious about the metaverse

Article

OpenSea’s this policy will not stop hackers but will only hurt users

Article

The Coming Crisis in the Decentralized Lending Market

Article

Tron, Cosmos, Fantom Price Analysis: 16 January

Article

Decentraland, SAND, Axie Infinity price Analysis: 16 January

Article

Crypto scam sites continue to draw Indians in droves

The best experience is on the app

Download app to discover exclusive content, live market updates and more.

Get smarter and richer with the Aliens Crypto Digest

Stay informed and entertained, for free.

Follow Aliens

Advertise