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Gensler Reiterates Support for Futures-Based Bitcoin ETFs — CoinDesk

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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.”

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