SEC Chair Gensler Issues Crypto Warning Amid Final Bitcoin ETF Filings

January 9th, 2024
SEC Chair Gary Gensler shared a cautionary message on X, targeting crypto investors, just hours after major firms submitted their final bitcoin ETF registration statements. Gensler's post, emphasizing legal compliance and investor protection, echoes his consistent view of Bitcoin as a speculative investment. This development closely follows the SEC's pattern from 2021, possibly hinting at impending decisions on the ETF applications, including Ark and 21Shares, by January 10.
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