A Bitcoin ETF could be possible with a futures market, says CBOE’s CEO

With the futures market of the Chicago Board Options Exchange (CBOE) recently launched, people speculate with the idea of approving a Bitcoin exchange-traded fund (ETF) for real this time. And according to CBOE’s CEO, Edward Tilly, this could actually be true.

In an interview with a news webiste, Tilly shown they have plans for gathering information from futures trading to fill a case to the Securities and Exchange Commission (SEC), in order to approve Bitcoin ETFs and exchange-traded notes (ETNs).

In his own words, “All of that information goes into building the next steps. One of those potential next steps would be moving into ETFs and ETNs that would take SEC approval”.

Read more at: http://www.crypto-economy.net/bitcoin-etf-possible-futures-market-says-cboes-ceo/?lang=en