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#contentstar Bitcoin ETF by the US Securities and Exchange Commission (SEC), the price of BTC has seen a remarkable surge of 23% over the past fourteen days. However, SEC Chair Gary Gensler, who has been at the forefront of the SEC’s crackdown on the crypto industry, has taken a notable stance against the idea of Bitcoin exchange-traded funds for both institutional and retail investors. Despite acknowledging that Bitcoin is classified as a commodity and not a security, Gensler remains opposed to the investment strategy associated with Bitcoin ETFs. Surprisingly, a recently surfaced video posted on Social Media X (formerly Twitter) has cast doubt on Gensler’s consistent opposition to Bitcoin ETFs.SEC Chair Gensler’s Resurfaced Video Sparks ControversyThe video, recorded at an unknown date, captures Gensler’s perspective on the matter. In the video, Gensler states:I think Bitcoin and Ethereum futures will exist, and Bitcoin ETFs have not, and that feels a little inconsistent for me… even though the laws say that they are quite similar.Related Reading: Top 4 Must-Watch Bitcoin And Crypto Events This WeekThis resurfaced video has ignited controversy and raised questions about Gensler’s evolving views on Bitcoin ETFs.
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