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Hours after many issuers submitted what could be their final registration statements for bitcoin exchange-traded funds, US Securities and Exchange Commission Chair Gary Gensler took to X to meet the crypto audience where they are.
Gensler on Monday published a three-part thread on X, formerly Twitter, advising crypto-interested investors to be mindful when allocating their funds.
“Those offering crypto asset investments/services may not be complying [with] applicable law, including federal securities laws,” Gensler wrote. “Investors in crypto asset securities should understand they may be deprived of key info [and] other important protections in connection [with] their…
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