As Wall Street approaches the critical closing bell, Bloomberg Television assembles an elite panel of financial experts including former Boston Federal Reserve President Eric Rosengren and Citi’s investment strategist Kristen Bitterly to deliver real-time market analysis and strategic insights during the final trading minutes that often determine daily market performance.
read moreCboe Global Markets
0 in Finance and 0 in Crypto last week
SEC Approves Fast-Track for Crypto Spot ETFs
The U.S. Securities and Exchange Commission has fundamentally reshaped the digital asset landscape by approving rule changes that streamline the approval process for crypto spot exchange-traded funds. This landmark decision allows major exchanges to adopt generic listing standards, potentially reducing approval timelines from 240 days to just 75 days and opening the floodgates for dozens of new crypto investment products in America’s regulated markets.
read moreCboe to Launch 10-Year Bitcoin, Ether Futures in November
Cboe Global Markets, under the Chicago Board Options Exchange, announced plans to launch continuous futures contracts for Bitcoin and Ether with an unprecedented 10-year expiration date. Scheduled for November 10 pending regulatory review, these products aim to simplify long-term position management for US traders by eliminating frequent contract rollovers. The initiative represents a significant bridge between decentralized finance innovations and traditional regulated markets, potentially attracting institutional investors seeking extended exposure to major cryptocurrencies without the operational complexity of shorter-term derivatives.
read moreCBOE Launches Bitcoin & Ethereum Continuous Futures Nov 10
CBOE Futures Exchange will introduce cash-settled Bitcoin and Ethereum continuous futures contracts on November 10, featuring unprecedented 10-year expirations that eliminate periodic rolling needs. The contracts will use transparent funding rate methodology aligned to spot prices and will be cleared through CFTC-regulated CBOE Clear US. This development comes alongside heightened SEC-CFTC coordination, including a September 29 roundtable focused on harmonizing digital asset regulations, addressing fragmentation that previously drove crypto innovation overseas. The products target institutional investors, existing CFE customers, and retail traders seeking compliant crypto derivatives access, representing a significant step in onshoring perpetual swap trading within regulated US markets.
read moreSEC, CFTC Clear Path for Regulated US Crypto Spot Trading
The SEC and CFTC released a coordinated framework confirming that US law permits regulated exchanges—including national securities exchanges, designated contract markets, and approved foreign boards—to list spot crypto products, even with leverage features. Applications from major platforms like CME, Nasdaq, and NYSE will receive expedited review, with regulators emphasizing compliance with custody, transparency, and investor protection standards. The move, aligned with the White House’s push for regulatory clarity, aims to foster domestic blockchain innovation while ensuring oversight. Although platforms like Coinbase already offer spot trading, the statement provides clearer regulatory pathways for large, regulated venues to enter the market.
read moreCboe Global Markets Tops CEO’s Stock Picks Amid Trading Boom
Josh Brown, CEO of Ritholtz Wealth Management, has named Cboe Global Markets (CBOE) as one of his top stock picks, attributing its rise to unprecedented trading volumes and volatility in the options market. Trading at $246, CBOE has surged over 2% in 24 hours and 3% in the past week, hitting an all-time high of $247. Brown suggests a potential entry point post-earnings on August 1st if a ‘sell-the-news’ reaction occurs. He also highlights Robinhood (HOOD) and Interactive Brokers (IBKR) as major players capitalizing on the current trading boom, driven by both institutional and retail activity. The trend reflects a broader market dynamic where trading platforms thrive amid heightened speculation and hedging.
read moreTop 3 Solana Altcoins and NFTs Poised for Growth Amid ETF Speculation
Solana’s resurgence has been remarkable, with $SOL’s price soaring from $8 to nearly $180. The potential approval of a SOL ETF could further boost its growth. Notable projects within the Solana ecosystem include Pyth Network, Raydium, and various NFT collections like Mad Lads and Bored Ape Solana Club, each offering unique features and opportunities for investors.
read moreFutures Rise Ahead of April’s Job Report and Earnings Releases
U.S. futures rose as investors welcomed the Fed’s decision to maintain interest rates, with Apple and Block stocks surging after strong financial performances. However, Cloudflare saw a drop following conservative Q2 guidance. Additionally, prominent companies such as Hershey, Cboe Global Markets, Cheniere Energy, and TC Energy are set to release their quarterly financials, while April’s job report, a key economic indicator, is also expected today.
read moreUS Lawmakers Push SEC for Approval of Bitcoin ETP Options Trading
Lawmakers are urging the SEC to approve options trading on Bitcoin exchange-traded products, emphasizing the need to avoid discrimination against crypto funds. The SEC has been delaying decisions on applications from major stock exchanges, initiating a consultation round to assess the potential impact of Bitcoin options on market stability and the sufficiency of current surveillance and enforcement practices. This move comes amid growing interest in options trading on various Bitcoin funds, with the SEC seeking input from stakeholders until May 29, 2024.
read moreThe Rise and Fall of Stablecoins in the Crypto Market
Bitcoin ended the week down, trading just above $62,000 on Monday. Tether’s market share is declining, while competition heats up in the stablecoin market. CBOE Digital is shutting down its spot trading business by the end of 2024, and APAC is seeing an increase in derivative trading activity.
read more