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This is the biggest and best news I have heard regarding the future of Bitcoin all month. Apparently, a senior executive for Cboe Global Markets is fully behind implementing a bitcoin exchange-traded product ETP. The organization as a whole was extremely bold in making this come about. I say this because they recently sent a new letter to the U. Securities and Exchange Commission outlining their request.
The CBOE argued that even though bitcoin markets are young, they "are developing quickly," which is promising for future exchange-traded products ETPs. All I can say about this news is that this may be a spark that reignites a more bullish attitude towards cryptocurrency.
Markets are shaken in the cryptospace and need a cboe prods sec on bitcoin etf approval in new letter of a leg up in terms of positive news out of governments in regard to regulation and the future outlook of growth and progress.
Lets hope this does cboe prods sec on bitcoin etf approval in new letter to bring back faith and confidence in the cryptocurrency market. To listen to the audio version of this article click on the play image. Brought to you by tts. If you find it useful please consider upvote this reply. Yes, I do believe this news will inject the much needed hype and faith in the markets again.
Any bit of news will help at the moment. It is a good one nonetheless. First it was Futures, and now ETFs. I think this year is gonna be awesome.
If you look at the things that are planned for the year, We are up for one awesome ride I tell you my friend. A Bitcoin ETF is far, far more important and signals a bright future. Chris Concannon, the firm's president made the following statement in this regard: Exchange of crypto currency with dollar. Bitcoin ETFs would be a welcomed positive catalyst for price!