Golden Finance reported that when Gary Gensler, chairman of the U.S. Securities and Exchange Commission, was asked about his views on the Ethereum ETF in an interview today, he responded: "As I said two weeks ago, everything we do with the spot Bitcoin ETF is limited to this non-security product and should not be interpreted as anything else besides this."
Gensler said that investors now have better information about Bitcoin ETFs, mentioning: "From that perspective, there is also better disclosure, and they are now listed on stock exchanges rather than traded in the over-the-counter market. At that time, there were 10 or 11 companies online at the same time, which brought a certain degree of competition. You have seen some competition, and investors have benefited from lower fees."
When asked by reporters for his thoughts on the recent court hearing, Gensler said he would let law enforcement officials and the agency's litigation attorneys talk about the specifics.
