US SEC expected to drag its feet as asset managers line up more complex crypto ETFs

US SEC expected to drag its feet as asset managers line up more complex crypto ETFs

FILE PHOTO: U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, U.S. September 27, 2023. REUTERS/Jonathan Ernst/File Photo

Buoyed by the successful launch of US bitcoin exchange-traded funds (ETFs), asset managers are lining up to list a second wave of more complex crypto products, setting the stage for another tussle with the US securities regulator.

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