Gensler Reiterates Support for Futures-Based Bitcoin ETFs — CoinDesk

The Upside of a Gensler-Led Crackdown

Gensler, a key digital assets regulator, singled out bitcoin ETFs which invest in CME-traded futures contracts and register under the Investments Company Act of 1940. The so-called ‘40 Act “provides significant investor protections,” he said in prepared remarks for a Financial Times conference: “I look forward to staff’s review of such filings.”

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