SEC Chair Gensler Discusses Ethereum ETFs Amid Crypto Regulation Concerns
TL;DR Summary
SEC Chair Gary Gensler, known for his critical stance on the crypto industry, used softer language when discussing potential crypto ETFs, including Solana meme coin BONK, on CNBC. This shift follows the SEC's recent approval of spot Ethereum ETFs, a move seen as influenced by political pressures and the upcoming 2024 election. Gensler also criticized crypto exchanges for practices not allowed on traditional stock exchanges.
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- Spot Ethereum ETFs: Should You Invest? Morningstar
- SEC Chair Gary Gensler says disclosures not enough to protect crypto exchanges The Block
- SEC's Gensler Shrugs About New Crypto ETFs Strolling Through His Agency's Gates CoinDesk
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