Posted 1/11/2024, 12:33:53 AM
SEC Commissioner Slams Agency's Decade of Inaction on Bitcoin ETFs
- SEC commissioner criticizes agency for "squandering a decade" in failing to approve Bitcoin ETFs earlier
- Notes SEC denials have driven investors to "less efficient means" of Bitcoin exposure
- Believes SEC's actions created an "artificial frenzy" and "circus atmosphere" around Bitcoin ETFs
- Says SEC has "alienated a generation of product innovators" in crypto space
- Commends perseverance of market participants who tried for a decade to bring Bitcoin ETFs to market