100% My question was half rhetorical. Maybe I'm overreacting, but this BlackRock thing is frightening. Coinbase trading btc futures and BlackRock spot etf is the perfect combination for US govt. price manipulation.
most platforms that offer futures/perp trading currently do not offer that in the US, so this is big news because it might mean that other platforms can potentially offer their futures trading platforms to America soon?
????? I really thought the government was looking to bring them down.
Coinbase is in bed with all the financial elite, they’re probably safe
They got that Black Rock blessing now.
100% My question was half rhetorical. Maybe I'm overreacting, but this BlackRock thing is frightening.
Coinbase trading btc futures and BlackRock spot etf is the perfect combination for US govt. price manipulation.
Bitcoin is Enemy Money
Don’t we already have futures trading? Why is this big news?
most platforms that offer futures/perp trading currently do not offer that in the US, so this is big news because it might mean that other platforms can potentially offer their futures trading platforms to America soon?
I guess what’s the difference between this and the bitcoin futures ETFs that were approved in 2021?
So these aren't ETFs, you'll actually be able to trade futures contracts on the trading platform itself.
What that means is you can manually create longs/shorts on a CEX vs buying and holding an ETF from a stock exchange.
CoinBase Article with more info:
https://www.coindesk.com/business/2023/08/16/coinbase-finally-wins-approval-to-list-crypto-futures-in-us/
I rather use BtCc for trading futures Coinbase is too sus