Another One Bites The Dust
Over in Hong Kong, there’s excitement that BTC may be about to fly thanks to ETFs but the local ETF market remains quite modest by comparison to the USA. Hong Kong Bitcoin, Ether ETF Structures Revealed Ahead Of April 30 Launch (Cointelegraph). At the same time, the SEC is in no hurry to authorise futures and options on its spot Bitcoin ETFs: SEC Delays Decision On Listing And Trading Spot Bitcoin ETF Options, Asks For Public Comments (The Block).
Then there is the issue of the stablecoin bill proposed by Senators Gillibrand and Lummis recently which is exciting to some and terrifying to others, in equally leveraged measures it seems: ‘Huge Disaster’—Congress Just Introduced A Game-Changing Bill (U.S. Stablecoin Bill) That Could Blow Up The Bitcoin Price And Crypto Market (Forbes).
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