In a reiteration of his previous remarks, SEC Chair Gary Gensler has maintained a cautious stance on Ethereum Exchange Traded Funds (ETFs). Responding to inquiries about potential ETH ETF approvals, Gensler emphasized that the recent greenlighting of Bitcoin ETFs should not be misconstrued as broader acceptance of cryptocurrency products.
SEC Chairman Gary Gensler confirmed that Twitter hackers accessed the agency’s account by compromising the associated phone number. While the attack may have rattled investors, Gensler assured everyone that no evidence points to a larger breach of SEC systems, data, equipment, or other social media accounts.
Gary Gensler, the head of the U.S. Securities and Exchange Commission, tweeted a cautionary message to crypto investors, reminding them of the legal uncertainties and potential scams in the crypto market. His tweet came as the crypto community is eagerly anticipating the approval of a spot bitcoin ETF by the SEC.