Bitcoin
Bitcoin (BTC)
$62,491.00 2.83304
Bitcoin price
Ethereum
Ethereum (ETH)
$2,433.96 3.78294
Ethereum price
BNB
BNB (BNB)
$557.69 2.48448
BNB price
Solana
Solana (SOL)
$144.23 6.07674
Solana price
XRP
XRP (XRP)
$0.538833 2.47159
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 10.82508
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000095 10.92678
Pepe price
Bonk
Bonk (BONK)
$0.0000219 10.48232
Bonk price
Bitcoin
Bitcoin (BTC)
$62,491.00 2.83304
Bitcoin price
Ethereum
Ethereum (ETH)
$2,433.96 3.78294
Ethereum price
BNB
BNB (BNB)
$557.69 2.48448
BNB price
Solana
Solana (SOL)
$144.23 6.07674
Solana price
XRP
XRP (XRP)
$0.538833 2.47159
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 10.82508
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000095 10.92678
Pepe price
Bonk
Bonk (BONK)
$0.0000219 10.48232
Bonk price
Bitcoin
Bitcoin (BTC)
$62,491.00 2.83304
Bitcoin price
Ethereum
Ethereum (ETH)
$2,433.96 3.78294
Ethereum price
BNB
BNB (BNB)
$557.69 2.48448
BNB price
Solana
Solana (SOL)
$144.23 6.07674
Solana price
XRP
XRP (XRP)
$0.538833 2.47159
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 10.82508
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000095 10.92678
Pepe price
Bonk
Bonk (BONK)
$0.0000219 10.48232
Bonk price
Bitcoin
Bitcoin (BTC)
$62,491.00 2.83304
Bitcoin price
Ethereum
Ethereum (ETH)
$2,433.96 3.78294
Ethereum price
BNB
BNB (BNB)
$557.69 2.48448
BNB price
Solana
Solana (SOL)
$144.23 6.07674
Solana price
XRP
XRP (XRP)
$0.538833 2.47159
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 10.82508
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000095 10.92678
Pepe price
Bonk
Bonk (BONK)
$0.0000219 10.48232
Bonk price

Bitcoin ETF will attract pension funds and RIAs, says CBOE digital chief

bitcoin-etf-will-attract-pension-funds-and-rias-says-cboe-digital-chief
Edited by
News
Bitcoin ETF will attract pension funds and RIAs, says CBOE digital chief

John Palmer, the president of crypto clearing house CBOE Digital, anticipates a significant influx of institutional investment into Bitcoin as soon as the SEC greenlights the first-ever spot ETF. 

In a Bloomberg TV interview, Palmer highlighted that such approval would open doors for pension funds and funds based on registered investment advisers (RIAs) to engage in Bitcoin assets through a spot ETF, a move currently restricted with standard Bitcoin tokens.

This development comes as Bitcoin’s value surged past $45,000 for the first time in almost two years, just ahead of the SEC’s Jan. 10 deadline to make a decision on approving a spot ETF for Bitcoin. Notably, key financial entities like BlackRock and Fidelity have recently amended their filings in anticipation of this deadline.

Palmer also touched upon the expansion of Bitcoin derivative products, predicting that institutional investors will increasingly utilize these derivatives for risk management, especially with the potential introduction of a spot ETF. Strategically, Palmer’s CBOE Digital is poised to introduce margined futures for Bitcoin and Ether on Jan. 11, offering clients the flexibility to trade futures without needing full collateral upfront.