{"id":2427,"date":"2024-06-05T20:11:56","date_gmt":"2024-06-05T20:11:56","guid":{"rendered":"https:\/\/cryptd.in\/jim-cramer-asks-sec-chair-if-there-will-be-a-bonk-etf\/"},"modified":"2024-06-05T20:11:56","modified_gmt":"2024-06-05T20:11:56","slug":"jim-cramer-asks-sec-chair-if-there-will-be-a-bonk-etf","status":"publish","type":"post","link":"https:\/\/cryptd.in\/tr\/jim-cramer-asks-sec-chair-if-there-will-be-a-bonk-etf\/","title":{"rendered":"Jim Cramer Asks SEC Chair If There Will Be A BONK ETF"},"content":{"rendered":"

Gary Gensler \u2013 chairman of the US Securities and Exchange Commission (SEC) \u2013 sat down with CNBC\u2019s Mad Money<\/em> host Jim Cramer on Wednesday to discuss the regulator\u2019s Bitcoin and Ethereum ETF approvals, alongside what may be coming next.<\/p>\n

That included questions about whether obscure meme coins could soon receive their own ETFs, such as SushiSwap (SUSHI) and Bonk (BONK).<\/p>\n

Cramer named<\/a> a host of coins to Gensler that had all traded \u201cmillions of dollars\u201d on Wednesday morning \u2013 including Cardano, Cosmos, Immutable, Ronin, and MyNeighborAlice, among others.<\/p>\n

\u201cNow in two weeks, should we have a SushiSwap ETF?\u201d asked Cramer. \u201cI would think that Bonk<\/a> is a natural, and Osmosis. These are millions of dollars these things are trading \u2013 shouldn\u2019t we have some sort of product?\u201d<\/p>\n

Gensler did not provide specific answers to those questions, but noted that many of the crypto tokens generally \u201chave not given you the disclosures you need to make investment decisions,\u201d implying that such tokens are unregistered securities.
\nHe also called out crypto exchange platforms, which are \u201cdoing things we would never allow our New York Stock Exchange to do.\u201d
\n\u201cYou\u2019ve seen the bankruptcies in this space,\u201d Gensler said. \u201cThe most leading lights in this field are either in jail, about to go to jail, or awaiting extradition.\u201d
\nGensler also commented on the Ethereum spot ETF approvals late last month, which he said will still \u201ctake some time\u201d before their registration statements are approved and they can be listed on public exchanges.
\nWhen previously questioned on the matter, BlackRock\u2019s Head of Digital Assets said the fund had little interest in launching altcoin ETFs, with Bitcoin being the \u201coverwhelming top priority<\/a>\u201d among its client base.<\/p>\n

G\u00f6nderi Jim Cramer Asks SEC Chair If There Will Be A BONK ETF<\/a> ilk olarak \u015furada yay\u0131nland\u0131 CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Gary Gensler \u2013 chairman of the US Securities and Exchange Commission (SEC) \u2013 sat down with CNBC\u2019s Mad Money host Jim Cramer on Wednesday to discuss the regulator\u2019s Bitcoin and Ethereum ETF approvals, alongside what may be coming next. That included questions about whether obscure meme coins could soon receive their own ETFs, such as […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2427","post","type-post","status-publish","format-standard","hentry","category-feeds"],"yoast_head":"\nJim Cramer Asks SEC Chair If There Will Be A BONK ETF - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/tr\/jim-cramer-asks-sec-chair-if-there-will-be-a-bonk-etf\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jim Cramer Asks SEC Chair If There Will Be A BONK ETF - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Gary Gensler \u2013 chairman of the US Securities and Exchange Commission (SEC) \u2013 sat down with CNBC\u2019s Mad Money host Jim Cramer on Wednesday to discuss the regulator\u2019s Bitcoin and Ethereum ETF approvals, alongside what may be coming next. 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