Go back to previous topic
Forum nameGeneral Discussion
Topic subjectWall Street launches crypto exchange, loads apply for Bitcoin ETFs
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13433233&mesg_id=13487710
13487710, Wall Street launches crypto exchange, loads apply for Bitcoin ETFs
Posted by Oak27, Thu Jun-29-23 01:31 PM
EDX Markets, a new crypto exchange backed by major Wall Street players Charles Schwab, Citadel Securities, and Fidelity Digital Assets, launched last week for institutional investors.

Fidelity just joined BlackRock and several others in applying to launch a spot Bitcoin ETF.

So we have the SEC suing major exchanges for offering what they call securities (essentially every non-BTC/ETH crypto according to them) without a license.

Meanwhile Wall Street and big financial institutions are opening exchanges and trying to launch ETFs.

The government seems to want to destroy non-BTC crypto and traditional finance wants to load up on BTC exposure.

If these ETFs are approved, BTC becoming easier to invest in helps with adoption and has a major impact on the next bull run.

Buy Bitcoin.
Avoid shitcoins.