Bitcoin and Ethereum options are comming
According to bloomberg LedgerX LLC will start selling options on bitcoin this fall, late September to early October:
LedgerX LLC, a cryptocurrency trading platform operator, won approval from the U.S. Commodity Futures Trading Commission to operate as a federally-regulated exchange and clearing house for derivatives contracts settling in digital currencies.
Contracts for other digital currencies including for Ethereum’s ether are expected to follow.
As we know from the gold and silver markets at Comex and LBMA, options are often used to manipulate the price of the underlying asset. We can only hope that this intention will fail in the crypto market.
Deutsch:
Laut Bloomberg wird LedgerX LLC ab Herbst (Ende September bis Anfang Oktober) beginnen Optionen auf Bitcoin zu verkaufen:
LedgerX LLC, der Betreiber einer Handelsplattform für Crypto Währungen, hat eine Genehmigung von der the U.S. Commodity Futures Trading Commission erhalten eine staatlich regulierte Börse und ein Clearing-Haus für Derivate auf Basis digitaler Währungen zu betreiben .
Es wird erwartet das Kontrakte für andere digitale Währungen wie Ethereums ether folgen werden.
Wie wir aus dem Gold- und Silbermarkt bei der Comex und LBMA wissen, werden Optionen oft dazu verwendet um den Preis des zugrunde liegenden Vermögenswertes zu manipulieren. Wir können nur hoffen, dass diese Absicht auf dem Krypto markt scheitern wird.
sources:
Bloomberg: Bitcoin Options Will Be Available This Fall
Finanzmarktwelt: News am Mittag: Bitcoin-Optionen, ....
hi @mbit - earlier today I created a detailed article on the CFTC move to approve LedgerX as you highlighted above. please check it out here if interested: https://steemit.com/ledgerx/@attalis/breaking-ledgerx-now-enabling-institutional-cryptocurrency-investments-in-u-s
Congratulations @mbit! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP@mbit got you a $2.14 @minnowbooster upgoat, nice! (Image: pixabay.com)
Want a boost? Click here to read more!
This post received a 3.0% upvote from @randowhale thanks to @mbit! For more information, click here!