Oct 15th, 2021

Bitcoin Jumps as SEC May Allow Bitcoin Futures ETF

Bitcoin rose above $60,000 Friday following a Bloomberg News report that the U.S. Securities and Exchange Commission looks poised to allow the country’s first futures-based cryptocurrency ETF. Bloomberg’s Justina Lee and Bloomberg Intelligence’s James Seyffart examine what a futures-based ETF could mean to the cryptocurrency market on “Quicktake Stock.” (Source: Bloomberg)