🚀🌕 Hey there, Bitcoin enthusiasts! SEC Chairman Gary Gensler seems to be a bit fed up with all the crypto questions he's been getting lately. In a recent interview with CNBC, Gensler expressed his frustration over the "outsized ratio" of crypto-focused questions, arguing that the financial media's attention should be more evenly distributed across the $110 trillion capital markets. 📈💰

Despite crypto's relatively small market cap of $2.3 trillion, Gensler acknowledged that it represents an "outsized piece of the scams, frauds, and problems" across the market. This might explain why journalists are so crypto-focused. 🧐💭

But let's not forget, the SEC has been pretty crypto-focused too! Over the past 18 months, they've filed several lawsuits and Wells Notices against major crypto companies with ties to the US, including Binance, Coinbase, Kraken, and Robinhood. In 2023 alone, the SEC brought 43 enforcement actions against digital asset market participants. 🚔⚖️

Gensler's stance on Bitcoin remains cautious. Despite the SEC's approval of Bitcoin spot ETFs in January, Gensler asserted that the agency did not approve of Bitcoin as an asset. He also argued that Bitcoin is fundamentally centralized. So, while we're all excited about the future of Bitcoin, it seems like the SEC still has some reservations. 🤔💡

Stay tuned, folks! The crypto world is always full of surprises! 🎉🌐