Gary Gensler, Chairman of the U. S. Securities and Exchange CommissionIn the U. S. , it on Wednesday renewed its own for Bitcoin futures.
In ready-made remarks for the Financial Times’ “Conference on the Future of Asset Management in North America,” Gensler pointed to a number of mutual variable-end budgets invested in bitcoin futures traded on the Chicago Mercantile Exchange.
He also cited a 1940 law that provides “significant investor protection” for mutual budgeting and ETFs. Gensler first shared his for a bitcoin futures ETF, subsidized by the 1940 law, in August, when he said he would be open to the bitcoin budget entering the market. under safe conditions.
“I look forward to reviewing those files,” he said in the ready comments.
The SEC has been reluctant to approve bitcoin ETFs due to fears of a wave of calls and the possibility of market manipulation, Insider reported in the past.