Gensler Reiterates Support for Futures-Based Bitcoin ETFs — CoinDesk

0
141

Gensler singled out bitcoin ETFs, which invest in futures contracts that trade on the Chicago Mercantile Exchange and register under the Investments Company Act of 1940. The so-called ‘40 Act “provides significant investor protections,” he said in prepared remarks for a Financial Times conference: “I look forward to staff’s evaluate of such filings.”