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SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF -Breaking

© Reuters.

SEC Chair Gary Gensler and Proshares CEO Simeon Hyman discussed the launch of the first Bitcoin-linked ETF in a CNBC breaking news segment on Tuesday.

Proshares Strategy ETF, also known as BITO, is based on futures contracts. CNBC commentator Bob Pisano shared concerns from some investors that BTC futures could deviate from the BTC spot price: