SEC’s Gary Gensler Drops The Bomb On Bitcoin ETF [VIDEO]
It seems that the SEC’s Gary Gensler is dropping the bomb on Bitcoin ETF. Let’s take a look at what a new post on the social media platform X shows the world. SEC on BTC ETF Check out the video below in order to see what...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It seems that the SEC’s Gary Gensler is dropping the bomb on Bitcoin ETF. Let’s take a look at what a new post on the social media platform X shows the world.
SEC on BTC ETFCheck out the video below in order to see what Gensler had to say about the matter:
MUST WATCH: #GaryGensler Drops a Bombshell on #BitcoinETF
SEC Chair Today: the courts have ruled on this and we at the SEC are taking a new look at Spot #Bitcoin ETF’s based upon these court rulings.
With 8-12 filings under consideration at the SEC, brace for a Crypto… pic.twitter.com/WcnrjQLbS5
— Good Morning Crypto (@3TGMCrypto) December 14, 2023
Someone said: “I enjoyed the accidental use of the past tense: “we had in the past”. The Bitcoin ETF has been informally approved.”
A follower said: “This change of public tune only happens because of the recent smack downs by courts and the very recent possibility that the SEC will be held in contempt by a court in NY because of their approach. This new public messaging is about face and their intentions remain as before.”
Latest predicitons on BTC ETFIt has been just revealed the fact that VanEck has predicted that the first spot Bitcoin ETF will be approved in Q1 2024. Check out the latest reports about this below.
Here is the tweet that has been shared by Watcher Guru:
JUST IN: VanEck predicts the first Spot #Bitcoin ETF will be approved in Q1 2024.
— Watcher.Guru (@WatcherGuru) December 7, 2023
Someone shared the following message: “Stupid money will come around March or the end of February. Some factors are retail and tax returns. I’m not just counting on ETF approval. Stay alert but most definitely stay unemotional to this bull run BITCOIN.”
Stay tuned for more juicy news because things are about to explode in the crypto space.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
PUMP Crypto Surges +15%: Will Pump.Fun Explosion Boost SOL?
PUMP crypto is trading at $0.0058, up nearly +15% overnight after a +60% move over the past two weeks. Daily trading volume has al...
A $7 billion crypto ETF plumbing boom just ran into the IRS
The Internal Revenue Service (IRS) is scrutinizing a crypto-linked ETF tax strategy as Washington intensifies its campaign against...
Coinbase just completed its US derivatives stack but its biggest bet still sits outside it
Coinbase, the largest US-based crypto exchange, has secured Commodity Futures Trading Commission (CFTC) approval for its own deriv...
Abracadabra blames hacks for shutdown amid ‘looting’ claims
Embattled DeFi project Abracadabra has proposed “an orderly wind down,” blaming a string of security incidents which leave its sta...
Binance ends Funding Account crypto deposits as Pay and Convert move to Spot
From Sept. 29, Binance says Funding Accounts no longer accept direct on-chain crypto deposits. Users depositing crypto must use Sp...
The SEC’s Buyback Guidance Is Narrower Than It Looks. Does Yours Pass the Test?
Crypto projects that buy back their own tokens have operated under a dour legal cloud within the US for nearly a decade. A buyback...