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Will there ever be a BTC ETF? / CFTC says ETH a commodity / Binance accepts Alipay/WeChat pay...sorta

Will there ever be a BTC ETF? / CFTC says ETH a commodity / Binance accepts Alipay/WeChat pay...sorta

The SEC has denied the most recent bitcoin ETF proposal - this time from Bitwise. Some speculate that there simply will not be an ETF on Chairman Clayton's watch. The CFTC chair meanwhile has said that the CFTC considers ETH a commodity and expects...

The Breakdown

October 10, 201914m 8s

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Show Notes

The SEC has denied the most recent bitcoin ETF proposal - this time from Bitwise. Some speculate that there simply will not be an ETF on Chairman Clayton's watch. The CFTC chair meanwhile has said that the CFTC considers ETH a commodity and expects futures and other derivatives products. Finally, Binance's acceptance of Alipay/WeChat pay as a fiat onramp has prompted those companies to reiterate their anti-crypto stance. 

Watch: https://www.youtube.com/nathanielwhittemorecrypto