U.S. SEC Chairman: The SEC is reviewing the application materials for Bitcoin spot ETFs

ChainCatcher News, during an interview with Bloomberg, SEC Chairman Gary Gensler stated, "Currently, the SEC has 8 to 10 Bitcoin spot ETF filings that need to be reviewed. These applications are not merely formal; they require extensive consideration from various departments within the SEC, with insights provided by the Treasury Department, while the Trading and Markets Division carefully reviews the submitted materials."

When asked about the likelihood of ETF approval, Gensler responded that he could not comment on the ongoing review and that he personally would not prejudge the outcome of the process.