SEC head Gensler says does not approve or endorse bitcoin; a speculative, volatile asset

U.S. Securities and Exchange Commission (SEC) head Gensler is following up on the approvals his agency (finally) affirmed. ICYMI:

• Bitcoin ETFs approved -- SEC document

Gensler:

• says circumstances have changed; approving spot bitcoin exchange traded funds is "most sustaintable path forward"
• says agency does not approve or endorse bitcoin; bitcoin is speculative, volatile asset