After the first day of trading for bitcoin ETFs came to a close, Senator Elizabeth Warren, D-Mass., took to X to express her dissent.
“The [US Securities and Exchange Commission] is wrong on the law and wrong on the policy with respect to the bitcoin ETF decision,” Warren wrote.
The comment comes the day after the securities regulator, in a landmark decision, voted to approve 11 new spot bitcoin ETFs. The products raked in more than $4 billion in volume during their debut trading session.
Read more: Bitcoin ETFs surpass $4B in trade volume while BTC’s price falters
Warren took the SEC’s decision as an opportunity to double-down on her efforts to crack down on the crypto…
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