Post
Topic
Board Bitcoin Discussion
Re: Gary Gensler WAS DECIDING VOTE IN SEC SPOT $BTC ETF APPROVAL
by
thecodebear
on 18/01/2024, 17:43:12 UTC
Hold your allies close but your enemies closer? Or was Gary on our Side??

Source: https://www.sec.gov/about/commission-votes/2024/commission-votes-2024-01.xml

On the secondary topic the market sure tanked


Gensler hates Bitcoin (he's made that clear over and over and over again the past 3 years) but he knew if the SEC rejected Bitcoin ETFs again the SEC and Gensler personally would be entering a legal and political storm. He didn't have much choice but to vote against his own personal agenda.