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How does the introduction of e-mini gold futures by CME affect the digital currency industry?

avatarBaird FischerDec 16, 2021 · 3 years ago1 answers

What impact will the introduction of e-mini gold futures by CME have on the digital currency industry?

How does the introduction of e-mini gold futures by CME affect the digital currency industry?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    As a representative from BYDFi, we believe that the introduction of e-mini gold futures by CME will have a limited impact on the digital currency industry. While there may be some short-term fluctuations in the market, digital currencies have proven to be resilient and have continued to grow despite the introduction of various financial products. The digital currency industry offers unique benefits and opportunities that are not directly comparable to traditional commodities like gold. Therefore, we expect the digital currency industry to adapt and thrive in the face of new developments in the financial markets.