There is a good possibility Ethereum (ETH) futures contract will be approved if it complies with the set regulatory standards, according to an anonymous senior official at the United States Commodity Futures Commission (U.S CFTC) who refused to be identified for security reasons.
The dynamics which drive the Bitcoin market seem to have a lot of similarities with the atmospheric dynamics that drive the thunderstorm (electrical storm) lifecycle. Particularly, since Crypto.IQ is largely based in Sarasota, FL, then we can easily compare and contrast the BTC market to the sea breeze.
A new and fresh plot begins in the soap opera of the ETFs on Bitcoin with the sending of an official letter from the SEC to NYSE heads. The letter communicates to the concerned people in control of the New York market which the commissioners have demanded studies in depth and the sentiment sent out this very week could be revised and reviewed.
Cboe Global Markets, Inc. (Cboe), one of the largest exchanges in the world, urged in a letter the U.S. Security and Exchange Commission (SEC) to clear the way for Bitcoin exchange-traded-funds (ETFs) which are trying to join the financial market.