US SEC Chair Gary Gensler concedes that losing in court after rejecting Grayscale's spot bitcoin ETF left the agency with little choice but to approve such ETFs (Jesse Hamilton/CoinDesk)

January 11, 2024

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Jesse Hamilton / CoinDesk:

US SEC Chair Gary Gensler concedes that losing in court after rejecting Grayscale’s spot bitcoin ETF left the agency with little choice but to approve such ETFs — The SEC chair said a court forced his hand and that the agency’s decision to greenlight a spot bitcoin ETF doesn’t signal support of that or any other digital asset.

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