Better Markets CEO: SEC's approval of a spot Bitcoin ETF is a historic mistake

Dennis Kelleher, CEO of the non-profit organization Better markets, issued a statement on the SEC's approval of Bitcoin spot ETFs, calling it a "historic mistake that will harm investors, markets and financial stability." Kelleher also fiercely criticized Rostin Behnam, chairman of the CFTC, considering him to be "merely a biased crypto cheerleader rather than an independent financial regulator."