Why SEC’s Gensler Reluctantly Backed Bitcoin ETFs

Bloomberg Television published this video item, entitled “Why SEC’s Gensler Reluctantly Backed Bitcoin ETFs” – below is their description.

Bloomberg Intelligence analyst James Seyffart discusses the first day of market action for spot Bitcoin exchange-traded funds and explains why Securities and Exchange Commission Chair Gary Gensler ultimately gave the new ETFs the green light, despite being a well-known critic of the crypto industry. James speaks with Paul Sweeney and Lisa Mateo on Bloomberg Radio.

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