CME Monitoring Bitcoin Futures as SEC Expresses Higher Risk for Bitcoin ETFs
According to reports, lawyers from the Securities and Exchange Commission of the United States said that the Chicago Mercantile Exchange (CME) is currently clo…
According to reports, lawyers from the Securities and Exchange Commission of the United States said that the Chicago Mercantile Exchange (CME) is currently closely monitoring the pricing of Bitcoin futures. It is clear that the risk of Bitcoin ETFs is higher than Bitcoin futures. In addition, Bitcoin Archive quoted Bloomberg as saying that the US SEC said that the Bitcoin market was mature enough to prevent fraud and manipulation before approving the spot Bitcoin ETF.
US SEC: Bitcoin ETF is more risky than Bitcoin futures
Analysis based on this information:
Recently, the Securities and Exchange Commission (SEC) of the United States has made a statement suggesting that the Chicago Mercantile Exchange (CME) is closely monitoring the pricing of Bitcoin futures. Meanwhile, the SEC has expressed that the risk of Bitcoin exchange-traded funds (ETFs) is higher than that of Bitcoin futures. The SEC has stated that the Bitcoin market has matured enough to prevent fraud and manipulation before approving a spot Bitcoin ETF.
This announcement from the SEC is significant for various reasons. Firstly, it shows that the SEC is taking an active role in regulating the cryptocurrency market. Secondly, it highlights the difference in risk between Bitcoin futures and Bitcoin ETFs. In recent years, there has been a growing demand for Bitcoin ETFs, as these investment vehicles have proved popular among traditional investors. However, the SEC seems to be placing more weight on the risks involved with Bitcoin ETFs.
The SEC’s comment about the maturity of the Bitcoin market is also noteworthy. Many observers have suggested that the lack of clear regulations and guidance has hindered the mainstream adoption of cryptocurrencies. However, the SEC’s statement indicates that there is now a level of acceptance of cryptocurrencies in the market. The SEC’s view is that the cryptocurrency market has now matured enough to protect investors from fraud and manipulation.
Furthermore, the Chicago Mercantile Exchange’s monitoring of Bitcoin futures indicates that traditional financial institutions are taking a keen interest in this emerging asset class. The CME is one of the largest futures exchanges in the world, and the fact that it is monitoring Bitcoin futures suggests that it believes there is significant potential in this market.
In conclusion, the SEC’s recent statement has shown that the cryptocurrency market is gaining acceptance in traditional financial circles. The comments about the risks and maturity of the Bitcoin market provide insights into the regulator’s thinking about cryptocurrency investing. As the cryptocurrency market evolves, it will be interesting to see how these attitudes change over time.
Title: CME Monitoring Bitcoin Futures for SEC’s Approval
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/5735/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
DeFi’s Dominant Position in the Cryptocurrency Market
According to reports, DeFi\’s dominant position (i.e. its share of global cryptocurrency market value) has reached a new low since July last year.
Data: DeFi\’s dominant position has -
Why is an imtoken wallet safe
Why imtoken wallets are secure introductions In the blockchain field, imtoken wallets are currently one of the most secure ways to trade and store digital assets. By managing and ensuring user funds, IMTOKE Wallet will provide comprehensive security services and solutions for digital currency exchanges, project parties, and other relevant institutions Is imtoken wallet good?Recently, imtoken wallet suffered a hacker attack and lost about $100 million in BTC (over $10 million at current prices) Regarding this, some users have reported that the website has serious security vulnerabilities, and if imtoken wallets are used, asset transfers can be carried out. What exactly is the ImToken wallet like? How does imtoken achieve a “0Gas fee”? Why can imtoken be so good? Imtoken is a wallet that supports multiple DApps, runs and manages millions of tokens on the Ethereum blockchain, and has been adopted by more than 200 exchanges and project parties. However, its main products are NFT based on Ethereum, decentralized Stablecoin…
-
What Coins Does Yunxiang Blockchain Have (Yunxiang Blockchain Interview)
What Coins Does Yunxiang Blockchain Have? Yunxiang Blockchain is a type of dist
-
Crypto Exchange Bithumb will be launched in INJ
According to reports, Bithumb, the South Korean cryptocurrency exchange, will launch the Cosmos ecological smart contract platform Injective token INJ, supporting KRW market tradin
-
#NUVEI PAYMENT COMPANY AND RYAN REYNOLDS: AN OVERVIEW
According to reports, financial technology payment company Nuvei announced that actor Ryan Reynolds is an investor in the company. Short selling agency Spruce Point stated that Nuv
-
Signature Bank Shares Plummet Due to Elevated Market Risk
On March 11, the stock price of Signature Bank fell 32% on Friday due to the influence of Silicon Valley Bank and its peer Silvergate event, and the trading wa…
-
BTC Hits New High with Daily Increase of 9.66%
According to the report, the market shows that BTC has exceeded 24500 US dollars and is now reported at 24506.7 US dollars, with a daily increase of 9.66%. The market is volatile, so please do a good job in risk control. BTC exceeded 24500 USD Analysis based on this information:Bitcoin (BTC) has broken its all-time high, surpassing $24,500, marking another major milestone for the popular cryptocurrency. The market shows that BTC has exceeded 24500 US dollars and is now reported at 24506.7 US dollars, with a daily increase of 9.66%. This increase is a significant jump from BTC’s previous record of $20,089. It’s worth considering how BTC’s continued growth will impact the global economy, especially as more individuals and businesses invest in the cryptocurrency. The volatile nature of the cryptocurrency market is well-documented, and this makes it essential to remain vigilant when it comes to risk control. Although the current market trends reflect a positive outlook, the market may experience…
-
New Blockchain Namada Introduces Multi-Chain Privacy With Upcoming Namada Pledged Tokens
According to reports, the new blockchain Namada, which focuses on multi chain privacy, has proposed to air drop its upcoming Namada Pledged Tokens (NAM) to the holders of Zcash (ZE
-
European Central Bank’s Plan for Digital Euro
It is reported that the document published by the European Central Bank on its website said that the digital euro should give priority to online shopping and p…
-
Aptos Grant DAO: Second Round of Developer Incentive Platform Application Comes to an End
On February 18, the long-term funding plan Aptos Grant DAO ended the second round of project application on the developer incentive platform DoraHacks.io and o…
-
Binance’s Launch of BLURs: A Closer Look at Luggis.eth’s Record-Breaking Purchase
According to reports, according to Twitter user ember monitoring, after Binance announced the launch of BLUR, Luggis.eth was the first whale to clear BLUR, but his cost was the hig
-
Table of Contents
According to reports, according to L2BEAT data, the total network lockup volume (TVL) of zkSync Era has now reached $93.92 million after its launch, surpassing zkSync Lite ($86.22
-
Selling Tokens and Trading on Social Media: A Closer Look at Andrei Grachev’s Response
According to reports, Andrei Grachev, managing partner of DWF Labs, once again responded to questions about selling tokens and trading on social media. In response to doubts about
-
Acquiring First Republic Bank: Major Banks Competing to Take Over
On April 29th, according to sources, major banks including JPMorgan Chase and PNC Financial Services Group are competing to acquire First Republic Bank, and the transaction will ta
-
Ava Labs Partners with SK Planet to Launch Avalanche Subnet UPTN in South Korea
According to reports, Ava Labs has announced the establishment of a partnership with SK Planet, the data management and marketing platform department of SK Square, a South Korean c
-
The Success Story of a $15,000 Ethereum Investment
It is reported that Alexis Ohanian, the co-founder of the social media website Reddit, spent only $15000 to buy 50000 Ethereum during the pre-sale of Ethereum …