Amidst the fevered expectations of imminent approval for spot Bitcoin ETF’s Securities and Exchange Commission Chair Gary Gensler was posting on Twitter Monday urging caution:
- said crypto investments may be ‘exceptionally risky’
- warned that companies offering crypto investments may not be following the law
While I agree with Gensler this strikes me as his ‘last stand’ ahead of the SEC reluctantly granting approval.
This article was written by Eamonn Sheridan at www.forexlive.com. Source