"People Have NO IDEA What's Coming..." | Michael Saylor 2024 Bitcoin ETF Prediction --------------------------------------------------------------------------- 🔥You can now Become a member of our channel to support us❤️ 👉🏻https://www.youtube.com/channel/UCVxMczuT0gNVXxCHS7LcZDQ/join --------------------------------------------------------------------------- SEC's Gensler speculated to amass Bitcoin ETF applications for potential rejection Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC) since 2021, is speculated by experts to be accumulating Bitcoin Exchange-Traded Fund (ETF) applications with a potential intent of collective rejection. This move could lead to widespread lawsuits and significantly impact the cryptocurrency sector. Gensler's controversial stance on Bitcoin ETFs has been a critique of the SEC's inconsistent approach towards these financial instruments. Under Gensler's leadership, the SEC has consistently prioritized investor safety, rejecting multiple Bitcoin ETF applications. Despite a legal victory for Grayscale in June 2022, where the court ruled in their favor against the SEC following their refusal to convert its Bitcoin trust into an ETF, the regulatory body has only approved futures ETFs for Bitcoin and Ether. The SEC maintains that these offer more robust protection against potential market misconduct. ----------------------------------------------------------------------------------------------------------------------- #Ethereum #Bitcoin
