CEO of the crypto index provider CF Benchmarks is optimistic about the approval of a spot bitcoin ETF by the US stock exchange supervision Sec Sec

Veröffentlicht:

Von: Krypto News Österreich

Sui Chung, CEO des Krypto-Indexanbieters CF Benchmarks, äußerte in einem Interview mit Bloomberg TV seine Zuversicht hinsichtlich der Genehmigung eines Spot-Bitcoin-Exchange-Traded-Funds (ETF) durch die US-Börsenaufsicht SEC (Securities and Exchange Commission). Chung erklärte, dass die SEC bestimmte Schutzmaßnahmen wünsche und dass die wichtigste Forderung der Informationsaustausch zwischen der Notierungsbörse eines ETF und Krypto-Börsen sei. Laut Chung wurde diese Anforderung durch die gemeinsam eingeführten Bestimmungen erfüllt, und er ist zuversichtlich, dass die SEC die Genehmigung erteilen wird. Er betonte außerdem, dass Spot-Rohstoffe normalerweise nicht auf organisierten Marktplätzen gehandelt werden, im Gegensatz zu Spot-Kryptowährungen. Traditionell hätten rohstoffbasierte ETFs Informationsaustauschvereinbarungen mit Derivatebörsen, da dies …
Sui Chung, CEO of the crypto index provider CF Benchmarks, in an interview with Bloomberg TV expressed his confidence with regard to the approval of a Spot-Bitcoin-Exchange-Traded finds (ETF) through the US exchange supervision SEC (Securities and Exchange Commission). Chung explained that the SEC wishes certain protective measures and that the most important requirement is the exchange of information between the notification exchange of an ETF and crypto exchanges. According to the chung, this requirement was met by the jointly introduced provisions, and it is confident that the SEC will grant approval. He also emphasized that spot raw materials are usually not traded in organized marketplaces, in contrast to spot cryptocurrencies. Traditionally, raw material -based ETFs have information exchange agreements with derivate exchanges, as this ... (Symbolbild/KNAT)

sui chung, CEO of the crypto index provider CF benchmark, in an interview with Bloomberg TV expressed his confidence in terms of approval of a spot-bitcoin-exchange-trading funds (ETF) through the US exchange supervision SEC (Securities and Exchange Commission). Chung explained that the SEC wishes certain protective measures and that the most important demand is the exchange of information between the notification exchange of an ETF and crypto exchanges.

According to the chung, this requirement was met by the jointly introduced provisions, and he is confident that the SEC will give approval. He also emphasized that spot raw materials are usually not traded in organized marketplaces, in contrast to spot cryptocurrencies. Traditionally, raw material -based ETFs would have information exchange agreements with derivate exchanges, as this is the organized market, on which transactions take place.

In the case of cryptocurrencies, however, there is no precise parallel, since spot cryptocurrencies are traded on organized marketplaces. These differences could lead to the monitoring of a spot bitcoin ETF deviates from the monitoring of other raw material-based ETF products.

It remains to be seen how the SEC will react to the applications for a spot bitcoin ETF. However, the trust of Sui Chung, CEO of CF Benchmarks, indicates that the prospects are positive. It remains exciting to see how the situation will develop. The complete interview with Sui Chung can be viewed in the video below by Bloomberg TV.