Card X-19: SPOT ETF – The US Securities and Exchange Commission approves the first spot bitcoin ETFs. Its chair Gary Gensler calls bitcoin a “non-security commodity”: a commodity, not a security. Same day, 15 years earlier, Hal Finney tweeted: “Running bitcoin.”

Anniversary · 10 January · THE CHRONICLE

The US Securities and Exchange Commission approves the first spot bitcoin ETFs. Its chair Gary Gensler calls bitcoin a “non-security commodity”: a commodity, not a security. Same day, 15 years earlier, Hal Finney tweeted: “Running bitcoin.”

SPOT ETF · SEC STATEMENT · 10.01.2024

Turn it over, answer, sign – free, no account.

Source

Fact · Gary Gensler, “Statement on the Approval of Spot Bitcoin Exchange-Traded Products”, 10 January 2024 (sec.gov): “ETPs holding one non-security commodity, bitcoin”

Open source · sec.gov ↗

The question on the back

What matters more: that it’s yours, or that it’s convenient?