Posted 10/25/2023, 6:17:00 PM
SEC Chief Gensler Stays Neutral on Bitcoin ETFs After Grayscale Loss, Calls Crypto 'Rife With Non-Compliance'
- SEC Chair Gensler declined to outline plans for spot bitcoin ETFs after Grayscale court loss
- Gensler said he would "let that play out" and not pre-judge before SEC staff make recommendations
- Gensler also declined to comment on other crypto court cases, saying they will "play themselves out"
- Gensler criticized the crypto industry as "rife with non-compliance"
- Gensler noted crypto is a small part of US capital markets, less than 1%
