Header Ads

Header ADS

It Is Rumored That The U.S. Securities And Exchange Commission (SEC) Is Preparing To Approve The First Bitcoin Futures ETF For Trading. Will It Lead To A New Round Of Cryptocurrency Trends?

It Is Rumored That The U.S. Securities And Exchange Commission (SEC) Is Preparing To Approve The First Bitcoin Futures ETF For Trading. Will It Lead To A New Round Of Cryptocurrency Trends?


   According to a secret source, the United States Securities Commission (SEC) intends to allow the first Bitcoin futures (ETF) for trading. It is unlikely that the SEC will prevent this ETF from starting trading next week because the application submitted this time is different from the previous one. The proposal this time is based on futures contracts and is filed in accordance with the mutual fund rules that SEC Chairman Gary Gensler once mentioned can provide "important investor protection".
 
   This move may once again lead the trend of cryptocurrency speculation because major institutions are now predicting that the U.S. stock market will undergo a 10% to 20% adjustment, and if this Bitcoin futures ETF is implemented, it can absorb the risk-avoid capital from the stock market. Incidentally, the popularity of this new financial derivative will attract more retail investors to follow up.


Blogger 提供.