Bitcoin ETF

Gary

<p class="is-style-lead">SEC Chairman Gary Gensler’s recent crypto warnings coincide with major asset managers filing for Bitcoin ETF approval, signaling regulatory scrutiny.</p>
<p>SEC Chairman <a href="https://crypto.news/tag/gary-gensler/" data-type="link" data-id="https://crypto.news/tag/gary-gensler/" rel="noopener noreferrer nofollow">Gary Gensler</a> recently delivered a series of warnings through a Twitter thread, urging potential investors in crypto assets to be mindful of the risks and regulatory landscape.</p>
<p>In his <a href="https://x.com/GaryGensler/status/1744383654174900440?s=20" data-type="link" data-id="https://x.com/GaryGensler/status/1744383654174900440?s=20" target="_blank" rel="noopener noreferrer nofollow">thread</a>, Gensler stated, “Those offering crypto asset investments/services may not be complying w/ applicable law, including federal securities laws.” He emphasized that investors in crypto asset securities might be deprived of key information and essential protections.</p>
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   <p lang="en" dir="ltr">A thread 🧵<br><br>Some things to keep in mind if you're considering investing in crypto assets:</p>— Gary Gensler (@GaryGensler) <a href="https://twitter.com/GaryGensler/status/1744383653008839126?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">January 8, 2024</a>
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<p>While Gensler’s thread did not explicitly address the pending Bitcoin ETF proposals, its timing raised eyebrows in the crypto community. This came just hours after major asset managers, including BlackRock, ARK 21Shares, VanEck, and others, <a href="https://crypto.news/spot-bitcoin-etf-issuers-amendments-fees/" data-type="link" data-id="https://crypto.news/spot-bitcoin-etf-issuers-amendments-fees/" rel="noopener noreferrer nofollow">filed amended S-1 forms</a>, seen as a potential final move before SEC approval.</p>
<p>You might also like: <a href="https://crypto.news/matrixport-projects-7-plunge-for-bitcoin-within-next-two-weeks/" rel="noopener noreferrer nofollow"> Matrixport projects 7% plunge for Bitcoin within ‘next two weeks’ </a></p>
<p>The SEC’s decision hinges on amended 19b-4 forms filed by exchanges like Nasdaq, NYSE, and CBOE. If approved, trading can commence parallel with the effectiveness of the S-1 forms. A decision is anticipated in the coming days, notably due to the <a href="https://crypto.news/bloomberg-expert-bitcoin-etf-approvals-anticipated-in-january-ethereum-in-unique-position/" data-type="link" data-id="https://crypto.news/bloomberg-expert-bitcoin-etf-approvals-anticipated-in-january-ethereum-in-unique-position/" rel="noopener noreferrer nofollow">Jan. 10 deadline</a> for the SEC’s response to applications such as Cathie Wood’s ARK Investment and 21Shares.</p>
<p>Despite the speculation surrounding the imminent decision, Gensler’s recent comments did not offer any explicit insights into his stance on <a href="https://crypto.news/tag/bitcoin-etf/" data-type="link" data-id="https://crypto.news/tag/bitcoin-etf/" rel="noopener noreferrer nofollow">Bitcoin ETFs</a>. Many on X assume that Gensler’s warning of investing in crypto could mean that the Bitcoin ETFs will be approved very soon.</p>
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   <p lang="en" dir="ltr">SPOT ETF CONFIRMED</p>— Crypto Rover (@rovercrc) <a href="https://twitter.com/rovercrc/status/1744385508627612155?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">January 8, 2024</a>
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<p>Read more: <a href="https://crypto.news/issuers-reach-significant-milestone-spot-bitcoin-etfs/" rel="noopener noreferrer nofollow"> Spot Bitcoin ETF approval: Issuers reach significant milestone </a></p>

Gary Gensler issues crypto warning amid Bitcoin ETF decision

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