Armstrong critiques crenshaw’s policies: brian armstrong has openly criticized SEC commissioner caroline crenshaw for her stringent stance on cryptocurrency, which he finds stricter than SEC chair gary gensler’s. armstrong is particularly concerned about crenshaw’s continuous opposition to the approval of spot Bitcoin ETFs.
Bitcoin ETFs succeed despite opposition: despite crenshaw’s efforts to block approvals, the Bitcoin ETF market achieved MAJOR success in 2024, with inflows reaching a remarkable 34 billion USD. notably, blackrock’s ishares Bitcoin trust ETF exceeded 50 billion USD, highlighting the market’s robust growth and potential.