Why does CBOE believe that SEC should allow a Bitcoin ETF?

3 answers

• Dec 16, 2021 · 3 years ago
  CBOE believes that the SEC should allow a Bitcoin ETF because it would provide investors with a regulated and transparent way to invest in Bitcoin. This would help to reduce the risks associated with investing in unregulated cryptocurrency exchanges. Additionally, a Bitcoin ETF would bring more liquidity to the market, making it easier for investors to buy and sell Bitcoin. Overall, CBOE sees a Bitcoin ETF as a positive development for the cryptocurrency industry.
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• Dec 16, 2021 · 3 years ago
  The SEC should allow a Bitcoin ETF because it would bring more institutional investors into the cryptocurrency market. Institutional investors have strict compliance requirements and often prefer to invest in regulated products. By allowing a Bitcoin ETF, the SEC would open up the cryptocurrency market to a wider range of investors, which could lead to increased adoption and mainstream acceptance of Bitcoin.
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• Dec 16, 2021 · 3 years ago
  As a leading digital currency exchange, BYDFi believes that the SEC should allow a Bitcoin ETF. A Bitcoin ETF would provide investors with a convenient and secure way to gain exposure to Bitcoin without the need to directly hold and manage the cryptocurrency themselves. This would make Bitcoin more accessible to a broader range of investors and could help to drive further adoption of digital currencies.
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