Gary Gensler: SEC is reviewing Bitcoin spot ETF application documents

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said in an interview, “The SEC currently has 8 to 10 Bitcoin spot ETF filings that need to be reviewed. These applications are not just formal, they require a lot of consideration involving various departments of the SEC. ", the Finance Department provides insights, while the Trading and Markets Department carefully reviews submissions." When asked about the likelihood of the ETF being approved, Gensler responded that he could not comment on the ongoing review and that he personally would not Prejudge the outcome of the process.