Mithat Can Kartlaşmış 
Patrick McHenry, the chairman of the U.S. House Financial Services Committee, one of the most prominent figures supporting Bitcoin (BTC) and cryptocurrencies, said in a written statement following the SEC’s approval decision that the decision was a milestone for the U.S. cryptocurrency ecosystem.
You might like: Friend.tech Transfers Transaction Revenues to Coinbase
In his statement, McHenry said:
“Today’s spot Bitcoin ETF approvals mark a historic turning point for the future of the digital asset ecosystem in the United States. It is not enough to express my satisfaction that investors and markets finally have more access to this next-generation technology.”
“While legislation that will provide clarity and certainty to digital assets remains necessary, the steps taken today represent a significant improvement over the SEC’s past performance on regulation by enforcement.”
“We are committed to improving consumer protection in digital asset markets through comprehensive market structure and stable payment legislation.”
McHenry’s statement highlights that the SEC ‘s decision is a significant milestone in the cryptocurrency markets. This decision is seen as an important step for Bitcoin to gain wider acceptance in traditional financial markets. McHenry said that the Bitcoin ETF is a milestone!
McHenry also states that legislation is needed for digital assets and that work is ongoing on this issue. These efforts will make digital assets safer and more transparent for investors.