We received a response from SEC Chair Gensler to our 11/3/21 letter regarding BTC spot ETFs. This issue remains a priority for us and we will continue to oversee the SEC in its mission to maintain fair and orderly markets and facilitate capital formation.

Feb 17, 2022 · 3:36 PM UTC

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Replying to @GOPMajorityWhip
Sorry Sir. Disgusting, a professor drafting such letter ✉️.
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Replying to @GOPMajorityWhip
@GaryGensler wen #Bitcoin etf?
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Replying to @GOPMajorityWhip
Blah. Blah. Unfortunately @SECGov is attempting to regulate an asset class when they don’t have regulatory jurisdiction over yet. Government agencies have been regulating the #crypto industry for years now and now @SECGov is trying to regulate by enforcement.
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Replying to @GOPMajorityWhip @CryptoLawUS
Classic bureaucratic response without an actual response to the specific questions asked. This is "talking without saying anything," a shrug-off.
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Replying to @GOPMajorityWhip @CryptoLawUS
Do you even believe what he says 😅?
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Replying to @GOPMajorityWhip
I appreciate your efforts as a long standing believer in the technology. Sir, the SEC is not playing fair when all any of us has to do is go bet on black at the casino and they would be okay with that. Stop them please.
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Replying to @GOPMajorityWhip
Looks like a lot of words that ultimately say nothing.
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Replying to @GOPMajorityWhip
@RepTomEmmer Has the SEC given any specific guidance as to what makes these proposed funds subject to manipulation or fraud where other funds (like gold ETFs) are not, and how to fix that?
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Replying to @GOPMajorityWhip
Wow it took him 4 months to come up with that response??? 😂
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Replying to @GOPMajorityWhip
This is an insulting answer to me. I can’t imagine how a sitting US Congressman would feel having been given this answer by the head of an agency.
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