CBOE May Finally Get Its ‘Holy Grail’ Bitcoin ETF by 2019
Cboe has tenaciously pursued getting approval for a Bitcoin ETF while already being one of the first to launch Bitcoin futures last December. It undeoudetly sees huge potential in custodial services and as a bridge between traditional finance and the borgeoning cryptocurrency industry. In fact, even JPMorgan acknowledged in February that a Bitcoin-based ETF would be a “holy grail for owners and investors.”
Great article, I love that JPMorgan chimed in their opinion, like anyone cares. I do think that a bitcoin etf would be huge for the market because it would allow small time investors an easier way to invest, and in a product that they are already familiar with. I'm hoping it happens sooner rather then later.
Read the full story here...
https://bitcoinist.com/cboe-bitcoin-etf-holy-grail-sec/
It just feels like if we had some good news the whole market would turn bullish in a flash, there's just no real reason for the market to go up right now....
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