After the massive decline in cryptocurrency that we recorded this year, it seems that it could turn. This is indicated by reports of increasing interest in cryptoscopes by conservative investors.
One of them is Intercontinental Exchange Inc., the owner of the New York Stock Exchange. On Monday, he refused to exclude futures contracts on digital currencies. They follow in the footsteps of two of their competitors. In December, CME Group Inc. and Cboe Global Markets Inc. trading futures on Bitcoin, while Nasdaq Inc. is considering introducing them.
Last month, the Securities and Exchange Commission (SEC) began the approval process under the ICE draft of December 2017 that would allow Bitcoin ETFs to trade on NYSE Arca.
The trend can not be ignored
"I think there is a trend that we can not ignore, so I do not take it lightly."
said Jeffrey Sprecher, executive director of ICE in an interview with Bloomberg TV. He further stated:
"People give more confidence to the guy named Satoshi Nakamoto, whom no one ever met than the American Fed."
Dozens of small cryptobores have grown in recent years to exploit the growing popularity of cryptocacting. And despite the thefts and regulations that restrict the initial enthusiasm.
Jeffrey Sprecher's statement finally
"People are more satisfied with technology than with the institutions, governments and companies that I have grown up with."
We'll see how these steps will affect the situation in the cryptosphere. Trading with Bitcoin futures on the NYSE stock exchange would introduce a new class of retail cryptoinvestors.
Thank you very much for your support!
I feel like soon, we will have some big money coming into BTC from this!
that's what I hope