Futures will be the best crypto game in town even after a Bitcoin spot ETF
Open BTC interest on the CME now makes up 24.7% of the entire market, making it the leading Bitcoin futures trading venue in the world While some of this activity is almost certainly connected to anticipation of approval for a spot ETF, the launch of one or more will not lead to a reduction of activity in the futures market. Futures stay the instrument of option because liquidity is the main issue in the area market. While the Commodity Futures Trading Commission (CFTC) looks after futures, no one has yet completely chosen who looks after the crypto area market from a regulatory perspective, and this remains an issue.
Open BTC interest on the CME now makes up 24.7% of the whole market, making it the leading Bitcoin futures trading place in the world While some of this activity is almost definitely connected to anticipation of approval for an area ETF, the launch of one or more will not lead to a decrease of activity in the futures market. Futures stay the instrument of choice due to the fact that liquidity is the main concern in the spot market. While the Commodity Futures Trading Commission (CFTC) looks after futures, no one has yet totally chosen who looks after the crypto spot market from a regulative perspective, and this remains an issue. Clear regulation is leading to apparent success in cryptocurrency futures, while the spot market is being hindered by regulatory opacity.