JUST IN: The SEC and CFTC will permit trading of select spot crypto tokens [presumably Bitcoin] on U.S. registered exchanges such as NYSE, Nasdaq, Cboe, and CME.
Discussion
This isn't very clear to me. So the existing ETFs are not currently listed on those exchanges, making it slightly more difficult to buy them?
But the authorities are now making it easier for the exchanges to list and trade them?
Or is it something else?
I ask because IBIT, i.e. BlackRock's ETF, is already on the NASDAQ
this is 100% NOT a good thing!!