BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n
SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Primex Finance Deploys Its Beta On zkSync Testnet To Enable Margin Trading On DEXs<\/a><\/p>\n\n\n\n The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
CBOE was approved for margin futures trading in June. The entity now plans to seek approvals for physically delivered products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Primex Finance Deploys Its Beta On zkSync Testnet To Enable Margin Trading On DEXs<\/a><\/p>\n\n\n\n The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
CBOE says several leading crypto and traditional financial firms have supported the planned margin futures launch. These are B2C2, CQG, BlockFills, Cumberland DRW, Wedbush, Trading Technologies, Marex, and many others. <\/p>\n\n\n\n CBOE was approved for margin futures trading in June. The entity now plans to seek approvals for physically delivered products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Primex Finance Deploys Its Beta On zkSync Testnet To Enable Margin Trading On DEXs<\/a><\/p>\n\n\n\n The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The move will make CBOE the first in the U.S. to provide spot and leveraged products on a single trading platform. The CBOE president said, \"We believe derivatives will foster additional liquidity and hedging opportunities in crypto and represent the next critical step in this market's continued growth.\"<\/em><\/p>\n\n\n\n CBOE says several leading crypto and traditional financial firms have supported the planned margin futures launch. These are B2C2, CQG, BlockFills, Cumberland DRW, Wedbush, Trading Technologies, Marex, and many others. <\/p>\n\n\n\n CBOE was approved for margin futures trading in June. The entity now plans to seek approvals for physically delivered products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Primex Finance Deploys Its Beta On zkSync Testnet To Enable Margin Trading On DEXs<\/a><\/p>\n\n\n\n The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
CBOE Digital has announced<\/a> plans to allow trading for Bitcoin and Ether margin futures. Trading will start on January 11, 2024.\u00a0<\/p>\n\n\n\n The move will make CBOE the first in the U.S. to provide spot and leveraged products on a single trading platform. The CBOE president said, \"We believe derivatives will foster additional liquidity and hedging opportunities in crypto and represent the next critical step in this market's continued growth.\"<\/em><\/p>\n\n\n\n CBOE says several leading crypto and traditional financial firms have supported the planned margin futures launch. These are B2C2, CQG, BlockFills, Cumberland DRW, Wedbush, Trading Technologies, Marex, and many others. <\/p>\n\n\n\n CBOE was approved for margin futures trading in June. The entity now plans to seek approvals for physically delivered products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Primex Finance Deploys Its Beta On zkSync Testnet To Enable Margin Trading On DEXs<\/a><\/p>\n\n\n\n The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
CBOE Digital has announced<\/a> plans to allow trading for Bitcoin and Ether margin futures. Trading will start on January 11, 2024.\u00a0<\/p>\n\n\n\n The move will make CBOE the first in the U.S. to provide spot and leveraged products on a single trading platform. The CBOE president said, \"We believe derivatives will foster additional liquidity and hedging opportunities in crypto and represent the next critical step in this market's continued growth.\"<\/em><\/p>\n\n\n\n CBOE says several leading crypto and traditional financial firms have supported the planned margin futures launch. These are B2C2, CQG, BlockFills, Cumberland DRW, Wedbush, Trading Technologies, Marex, and many others. <\/p>\n\n\n\n CBOE was approved for margin futures trading in June. The entity now plans to seek approvals for physically delivered products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Primex Finance Deploys Its Beta On zkSync Testnet To Enable Margin Trading On DEXs<\/a><\/p>\n\n\n\n The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
CBOE Digital has announced<\/a> plans to allow trading for Bitcoin and Ether margin futures. Trading will start on January 11, 2024.\u00a0<\/p>\n\n\n\n The move will make CBOE the first in the U.S. to provide spot and leveraged products on a single trading platform. The CBOE president said, \"We believe derivatives will foster additional liquidity and hedging opportunities in crypto and represent the next critical step in this market's continued growth.\"<\/em><\/p>\n\n\n\n CBOE says several leading crypto and traditional financial firms have supported the planned margin futures launch. These are B2C2, CQG, BlockFills, Cumberland DRW, Wedbush, Trading Technologies, Marex, and many others. <\/p>\n\n\n\n CBOE was approved for margin futures trading in June. The entity now plans to seek approvals for physically delivered products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Primex Finance Deploys Its Beta On zkSync Testnet To Enable Margin Trading On DEXs<\/a><\/p>\n\n\n\n The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
CBOE Digital has announced<\/a> plans to allow trading for Bitcoin and Ether margin futures. Trading will start on January 11, 2024.\u00a0<\/p>\n\n\n\n The move will make CBOE the first in the U.S. to provide spot and leveraged products on a single trading platform. The CBOE president said, \"We believe derivatives will foster additional liquidity and hedging opportunities in crypto and represent the next critical step in this market's continued growth.\"<\/em><\/p>\n\n\n\n CBOE says several leading crypto and traditional financial firms have supported the planned margin futures launch. These are B2C2, CQG, BlockFills, Cumberland DRW, Wedbush, Trading Technologies, Marex, and many others. <\/p>\n\n\n\n CBOE was approved for margin futures trading in June. The entity now plans to seek approvals for physically delivered products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Primex Finance Deploys Its Beta On zkSync Testnet To Enable Margin Trading On DEXs<\/a><\/p>\n\n\n\n The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Immediately after the news, BNB surged, signaling optimism around the potential clearance of Binance's allegations. However, it is still unclear what other conditions may accompany the penalty for the embattled crypto exchange.<\/p>\n","post_title":"Binance Could Pay A Record $4B To Settle Case With The U.S. Justice Department","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-could-pay-a-record-4b-to-settle-case-with-the-u-s-justice-department","to_ping":"","pinged":"","post_modified":"2023-11-22 03:10:01","post_modified_gmt":"2023-11-21 16:10:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14308,"post_author":"21","post_date":"2023-11-15 17:29:42","post_date_gmt":"2023-11-15 06:29:42","post_content":"\n CBOE Digital has announced<\/a> plans to allow trading for Bitcoin and Ether margin futures. Trading will start on January 11, 2024.\u00a0<\/p>\n\n\n\n The move will make CBOE the first in the U.S. to provide spot and leveraged products on a single trading platform. The CBOE president said, \"We believe derivatives will foster additional liquidity and hedging opportunities in crypto and represent the next critical step in this market's continued growth.\"<\/em><\/p>\n\n\n\n CBOE says several leading crypto and traditional financial firms have supported the planned margin futures launch. These are B2C2, CQG, BlockFills, Cumberland DRW, Wedbush, Trading Technologies, Marex, and many others. <\/p>\n\n\n\n CBOE was approved for margin futures trading in June. The entity now plans to seek approvals for physically delivered products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Primex Finance Deploys Its Beta On zkSync Testnet To Enable Margin Trading On DEXs<\/a><\/p>\n\n\n\n The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u201cIt was an overhang in the industry. And while $4 billion is not an insignificant number, it\u2019s probably a small price for Binance to pay to move forward from this.\u201d<\/em><\/p>\n\n\n\n Immediately after the news, BNB surged, signaling optimism around the potential clearance of Binance's allegations. However, it is still unclear what other conditions may accompany the penalty for the embattled crypto exchange.<\/p>\n","post_title":"Binance Could Pay A Record $4B To Settle Case With The U.S. Justice Department","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-could-pay-a-record-4b-to-settle-case-with-the-u-s-justice-department","to_ping":"","pinged":"","post_modified":"2023-11-22 03:10:01","post_modified_gmt":"2023-11-21 16:10:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14430","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14308,"post_author":"21","post_date":"2023-11-15 17:29:42","post_date_gmt":"2023-11-15 06:29:42","post_content":"\n CBOE Digital has announced<\/a> plans to allow trading for Bitcoin and Ether margin futures. Trading will start on January 11, 2024.\u00a0<\/p>\n\n\n\n The move will make CBOE the first in the U.S. to provide spot and leveraged products on a single trading platform. The CBOE president said, \"We believe derivatives will foster additional liquidity and hedging opportunities in crypto and represent the next critical step in this market's continued growth.\"<\/em><\/p>\n\n\n\n CBOE says several leading crypto and traditional financial firms have supported the planned margin futures launch. These are B2C2, CQG, BlockFills, Cumberland DRW, Wedbush, Trading Technologies, Marex, and many others. <\/p>\n\n\n\n CBOE was approved for margin futures trading in June. The entity now plans to seek approvals for physically delivered products.<\/p>\n\n\n\n See Related: <\/em><\/strong>Primex Finance Deploys Its Beta On zkSync Testnet To Enable Margin Trading On DEXs<\/a><\/p>\n\n\n\n The new trading feature comes amid a rise in interest in digital assets' financial products in the U.S. Chris Zuehlke, Cumberland DRW's Global Head, says secure access to futures markets is key to the nascent asset class. He lauds the initiative by CBOE as key to more institutional participation.<\/p>\n\n\n\n Meanwhile, the markets await a potential spot in Bitcoin ETF. Optimism grew after reports suggested that Grayscale has initiated talks with the SEC over its spot Bitcoin ETF application<\/a>.<\/p>\n\n\n\n There are growing expectations that the regulator will approve several spot Bitcoin ETF filings together. The market has speculated the approval in early 2024, with other optimistic predictions pointing to this year. More than nine asset management firms have filed for a spot Bitcoin product in the U.S.<\/p>\n","post_title":"CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"cboe-to-offer-btc-and-eth-margin-futures-trading-in-january","to_ping":"","pinged":"","post_modified":"2023-11-16 19:58:53","post_modified_gmt":"2023-11-16 08:58:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14308","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14227,"post_author":"21","post_date":"2023-11-10 23:00:35","post_date_gmt":"2023-11-10 12:00:35","post_content":"\n According to the latest reports<\/a>, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the city\u2019s financial regulations in October, allowing retail investors to purchase spot crypto ETFs.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission (SFC) CEO Julia Leung says the regulator welcomes proposals for innovative technology. Leung adds, \u201cWe\u2019re happy to give it a try as long as new risks are addressed. Our approach is consistent regardless of the asset.\u201d<\/em><\/p>\n\n\n\n SFC says the latest move is in response to developments and enquiries from the industry. The move seeks to enable investors to deposit and withdraw digital assets through intermediaries and under appropriate safeguards. <\/p>\n\n\n\n The decision is a change of stance after the Hong Kong Securities\u2019 regulator, in January, restricted retail investor\u2019s access to spot crypto ETFs. The restriction meant that limited professional investors with at least $1 million or HKD8 million could invest in spot crypto ETF.\u00a0<\/p>\n\n\n\n BitMEX co-founder Arthur Hayes believes Hong Kong's entry increases competition with the U.S., which is good for Bitcoin. Coin Bureau added that the entry of other jurisdictions like Hong Kong pressures the SEC regarding a spot Bitcoin ETF approval. <\/p>\n\n\n\n SEC has rejected attempts by several crypto firms to register a spot Bitcoin ETF. Recently, a U.S. court made a final ruling<\/a> invalidating the SEC's rejection of a spot Bitcoin ETF filing by Grayscale. BlackRock and Fidelity are other asset managers that have filed for spot Bitcoin ETFs in the U.S.\u00a0<\/p>\n","post_title":"Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fear-of-missing-out-hong-kong-considers-spot-crypto-etf-amid-u-s-indecision","to_ping":"","pinged":"","post_modified":"2023-11-10 23:00:40","post_modified_gmt":"2023-11-10 12:00:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14227","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Move Responds To Interest In Crypto Financial Products<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Move Responds To Interest In Crypto Financial Products<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Move Responds To Interest In Crypto Financial Products<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Move Responds To Interest In Crypto Financial Products<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Move Responds To Interest In Crypto Financial Products<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Move Responds To Interest In Crypto Financial Products<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Move Responds To Interest In Crypto Financial Products<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
Move Responds To Interest In Crypto Financial Products<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
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Move Responds To Interest In Crypto Financial Products<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
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Move Responds To Interest In Crypto Financial Products<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n
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Move Responds To Interest In Crypto Financial Products<\/h2>\n\n\n\n
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Hong Kong Adds Pressure To The U.S. Over Spot ETF<\/h2>\n\n\n\n