NASDAQ Asked SEC To Allow Options Trading On Ethereum ETF

in LeoFinance3 months ago

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This is the continued takeover of crypto, at least the bigger coins, by Wall Street.

In this video I discuss how Wall Street is intent on building more layers (products) on top of crypto. This move by the NASDAQ is just another example.

Here is the article link from the video:

https://decrypt.co/243484/nasdaq-asks-sec-to-approve-options-trading-for-blackrocks-new-ethereum-trust


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I kind of expected them offering other products/ways to buy crypto. But I was surprised at how fast they want to release it for ETH. I can see why though. ETH is more volatile than BTC, and it would be popular with the options trading. They can make a lot of money off of it.

Yeah ethereum is more volatile you are right which makes it a trading opportunity.

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Wow I never knew that wall street considers crypto as an asset just like stocks.

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