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


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Gary Gensler (chair, United States Securities and Exchange Commission) and Simeon Hyland (CEO ProShares), are the United States Securities and Exchange Commission). DiscussedCNBC’s breaking news program on Tuesday featured the debut of the first Bitcoin-linked exchange traded fund (ETF).

The ProShares Strategy ETF (also known as BITO) is based upon the following:BTC() Futures contracts. Bob Pisani, a CNBC commentator shared some concerns that BTC futures might differ from the spot price.