Former SEC Chairman: Approval of spot BTC ETF is inevitable
If the SEC does reject spot ETF applications, expect all applicants to sue the regulator

If the SEC does reject spot ETF applications, expect all applicants to sue the regulator
From a regulatory perspective, this may indicate pressure on the SEC to approve a spot BTC ETF.
Golden Finance launches the 2184th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
Crypto hedge fund Grayscale is telling the U.S. SEC that its denial of Bitcoin (BTC) exchange-traded funds (ETFs) is “illogical.”
Gensler said he sees many cryptoassets with the attributes of securities, adding that bitcoin is the only cryptocurrency he’s willing to publicly label as a commodity.
Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity.