SEC Chairman Gary Gensler reiterates his support for a bitcoin futures ETF
30 Sep 2021
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: