Topic: LedgerX to begin trading, ETF expected by end of year (Read 257 times)
LedgerX the derivative market from Bitcoin had a volume above $1 million in it first week of operation. Institutions in investment areas can use already the LedgerX platform, the first company offering negotiation of swaps and options. The company works following the regulation applied on the United States and expects that the market will grow a lot between that kind of qualified investors.
Some exciting news is developing on the US regulatory front. LedgerX, the first CFTC-regulated swap execution facility, is set to begin trading next month. They have officially notified the CFTC that they will be listing their Bitcoin swap contract as early as October 4th: https://twitter.com/WhalePanda/status/910962349581971457
I'll take this with a grain of salt, but the CEO of ETF.com believes that we can expect a Bitcoin ETF in the U.S. by the end of this year. That seems ambitious given how brutal the SEC was in its decision early in the year. But time will tell. https://www.thestreet.com/story/14315353/1/bitcoin-futures-based-etf-likely-to-be-approved-first.html
I'll take this with a grain of salt, but the CEO of ETF.com believes that we can expect a Bitcoin ETF in the U.S. by the end of this year. That seems ambitious given how brutal the SEC was in its decision early in the year. But time will tell. https://www.thestreet.com/story/14315353/1/bitcoin-futures-based-etf-likely-to-be-approved-first.html
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