SEC and CFTC commissioners: "It is possible to suppress price manipulation risk" | Exchange views on Bitcoin ETF
SEC and CFTC Commissioners Refer to Bitcoin ETF
On February 13, a panel discussion was held at the Bipartisan Policy Center, a think tank based in Washington, D.C., United States.
The panel included commissioners from the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC), who exchanged views on the “Bitcoin ETF.”
Three issues are considered to be the hurdles to realizing a Bitcoin ETF:
- Price manipulation risk
- Fair price formation process
- Rigorous custody
The commissioners of both agencies mentioned the “price manipulation risk,” and in particular, CFTC Commissioner Brian Quintenz stated,
“For Bitcoin futures to be approved, it must not be easily manipulated in price.”
LINE add ID ➜【@oup9975q】
× ![]()
