According to Gio Vicioso, who manages CME Group’s cryptocurrency, investors have become interested in Bitcoin again with the expectation of an ETF.
Speaking to Blockworks, Gio Vicioso said that as a company, he is concerned about the rise of Bitcoin this week. “they were prepared” told. Bitcoin this week in anticipation of approval of spot exchange-traded funds (ETFs) It rose up to $35,000.
Vicioso, “the general investor base is abuzz with anticipation that a spot Bitcoin ETF will be approved.” says.
According to the CME Group official, this expectation is only individual investors do not carry. Stating that many different types of investors have started to enter the cryptocurrency space, Vicioso said, “Among them, there are both those already in the crypto space and crypto-focused funds. But “We also see corporate, macro hedge funds and some banks active in this area.” said.
Founded in 1898, Chicago Mercantile Exchange is among the largest options and futures exchanges in the world. CME Group’s third quarter report shows growing interest in both Bitcoin and Ethereum derivatives.