GBTC - Lawmakers Demand SEC Approve Spot Bitcoin ETPs Immediately Citing Court Ruling | Benzinga
A group of bipartisan lawmakers penned a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler urging the approval of spot Bitcoin (CRYPTO: BTC) exchange-traded products (ETPs).
The lawmakers emphasized the need for the SEC to cease any discriminatory actions against spot Bitcoin ETPs.
This move is expected to be a focal point of discussions at Benzinga's Future of Digital Assets conference on Nov. 14, when industry leaders will explore the evolving landscape of digital assets and the implications of regulatory decisions on the market.
The letter, written jointly by Reps. Mike Flood (R-Neb.), Tom Emmer (R-Minn.), Ritchie Torres (D-N.Y.) and Wiley Nickel (D-N.C.), referenced a recent ruling by the U.S. Court of Appeals for the District of Columbia in the ...