Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»SEC Chairman Gensler Hints at a Modified Approach to Bitcoin ETFs Following Grayscale Ruling.
TRADING NEWS

SEC Chairman Gensler Hints at a Modified Approach to Bitcoin ETFs Following Grayscale Ruling.

By Crypto FlexsDecember 17, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
SEC Chairman Gensler Hints at a Modified Approach to Bitcoin ETFs Following Grayscale Ruling.
Share
Facebook Twitter LinkedIn Pinterest Email

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed a potential change in the regulatory approach to identify Bitcoin exchange-traded products (ETFs). In a recent interview with CNBC, Gensler acknowledged that there are “eight to 12 filings” for a spot Bitcoin ETF and noted that the SEC would re-evaluate its position based on recent court rulings.

Gensler noted that the SEC has previously rejected several applications for spot Bitcoin ETFs, but the court has provided some guidance on the matter. The comments follow a court decision in August that overturned the SEC’s rejection of Grayscale Investments’ ETF proposal. Although Gensler did not explicitly mention grayscale, his comments hinted at a potential reevaluation prompted by recent legal developments.

chair @GaryGensler Obfuscate the media about cryptocurrencies, such as during committee hearings. He doesn’t want to explain his agency’s aggressive regulatory approach to pushing cryptocurrencies overseas. https://t.co/YdQFN42jmK

— Brian Steil (@RepBryanSteil) December 13, 2023

When asked about specific court rulings, Gensler refrained from providing details, emphasizing that the SEC operates within a framework set by Congress and interpreted by the courts. The SEC Chairman’s comments sparked speculation that the regulatory stance on Bitcoin ETFs could evolve.

Several asset management firms have submitted applications for spot Bitcoin ETFs, including BlackRock, Fidelity, Grayscale, Invesco, VanEck, and Valkyrie. Despite delays in the approval process, analysts expect the batch to be approved in early January 2024.

In a separate interview with Bloomberg, Gensler avoided discussion of the number of spot Bitcoin ETF filings and redirected the conversation to recent changes in the U.S. Treasury market, highlighting the agency’s current priorities.

In response to Gensler’s comments on

Bloomberg ETF analyst James Seyffart commented on Gensler’s communication style, noting that the SEC chairman rarely gives clear answers and is good at dodging his statements. The dynamics surrounding the approval of a Bitcoin ETF and the SEC’s consideration are being closely watched in the cryptocurrency industry and traditional financial markets.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Why Bitcoin Could Rally Up to 21% This Week: Expert Explains

October 12, 2025

Ethereum price plunge creates opportunity for 13% rebound

October 11, 2025

Strengthening the AI ​​Agent Economy

October 10, 2025
Add A Comment

Comments are closed.

Recent Posts

Why Bitcoin Could Rally Up to 21% This Week: Expert Explains

October 12, 2025

Pepeto Advances Presale With Staking Rewards And Live Exchange Demo

October 11, 2025

Foundry vs Echidna vs Wake: Fuzz Reduction Comparison

October 11, 2025

Phemex Launches Market Confidence Campaign To Support Traders Through Volatility

October 11, 2025

How SJMine Transforms Daily Crypto News Into Passive Profits

October 11, 2025

Ethereum price plunge creates opportunity for 13% rebound

October 11, 2025

Eightco Holdings Inc. ($ORBS) Expands Its Strategic Vision Into The Enterprise

October 10, 2025

Whale.io Launches Battlepass Season 3, Featuring $77,000 In Crypto Casino Rewards

October 10, 2025

Strengthening the AI ​​Agent Economy

October 10, 2025

‘OG’ Whale Attracts Over $400 Million in Bearish BTC Bet

October 10, 2025

Rhuna Raises $2M Seed Round Led by Aptos Labs to Build Stablecoin Payment Infrastructure for Entertainment

October 10, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Why Bitcoin Could Rally Up to 21% This Week: Expert Explains

October 12, 2025

Pepeto Advances Presale With Staking Rewards And Live Exchange Demo

October 11, 2025

Foundry vs Echidna vs Wake: Fuzz Reduction Comparison

October 11, 2025
Most Popular

The Stellar network evolves through Protocol 20 and smart contract activation.

February 21, 2024

The inflow of encryption is $ 888 million. Bitcoin is dominant with hedge

May 12, 2025

9 Best Crypto Grid Trading Bots Apps (Make Automated Money)

December 1, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.