‘We Did Not Approve or Endorse Bitcoin’: Gary Gensler’s Begrudging ETF Statement

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator’s loss in court over rejecting Grayscale’s application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen such proposals Wednesday.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]