RE: Bitcoin to be the best performing asset into year end?

[jrcornel]

I hadn't thought about that, (or heard that actually), but that is great news. I thought it mostly had to do with not being able to regulate the exchanges properly at this point...

Comments

[olyup]

'Transparency', i.e. sharing proprietary data, is a big part of being regulated. From the rejection notice:

"First, the exchange must have surveillance-sharing agreements with significant markets for trading the underlying commodity or derivatives on that commodity. And second, those markets must be regulated."

Then in the footnote:

"the significant markets relating to the commodity-trust ETPs approved to date have been well-established regulated futures markets for the underlying commodity"

It looks to me like this could be the hurdle.