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On October 24th, Summer Mersinger, a commissioner of the U.S. Commodity Futures Trading Commission (CFTC), stated that investing in cryptocurrency is no longer a passing fad, particularly after the recent surge in Bitcoin's price. This Republican commissioner noted that some Bitcoin-related ETFs have been trading for a while, and institutions have shown interest in cryptocurrency investments. She said, ""I think people are very interested in these products. The market is ready for the availability of these products.""
""There used to be a viewpoint that regulatory agencies thought this was almost a trend that people would abandon. As traditional finance continues to get involved and actually invest, it just further proves that these products are not going away.""" |
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Post time 27-10-2023 13:26:41
