Why Some US Congressmen Are Asking Gensler About a Bitcoin Spot ETF

Posted on by American Coins & Gold

Why Some US Congressmen Are Asking Gensler About a Bitcoin Spot ETF
This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW follows up on the burgeoning bitcoin-mayor competition between New York City’s Eric Adams and Miami’s Francis Suarez. The show’s main topic is an open letter sent by Congressional Blockchain Caucus co-chairs Rep. Tom Emmer and Rep. Darren Soto to Securities and Exchange Commission Chair Gary Gensler about the recent approvals of bitcoin futures-based exchange-traded funds. They argue it simply doesn’t make sense to approve a futures ETF but not a spot ETF that holds actual bitcoin. Surprise, surprise, the crypto community agrees.See also: US Lawmakers Call for Bitcoin Spot…