Amidst the fevered expectations of imminent approval for spot Bitcoin ETF's Securities and Exchange Commission Chair Gary Gensler was posting on Twitter Monday urging caution:

  • said crypto investments may be ‘exceptionally risky’
  • warned that companies offering crypto investments may not be following the law

While I agree with Gensler this strikes me as his 'last stand' ahead of the SEC reluctantly granting approval.

gensler Bitcoin twitter