WSJ editorial slams SEC’s ‘bewildering’ Bitcoin ETF denials

Cointelegraph

Published Jul 07, 2022 02:17AM ET

Updated Jul 07, 2022 04:00AM ET

The Wall Street Journal Editorial Board has come out swinging against Gary Gensler’s “legendary” resistance to approving a spot Bitcoin (BTC) exchange-traded fund (ETF).

The hard-hitting opinion piece, published on Wednesday, called out the Gensler-led Securities and Exchange Commission (SEC) for overt inconsistencies in how the commission handles applications for Bitcoin-related exchange-traded products (ETPs) compared to more traditional assets and other commodities.

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