Former CFTC Chair: A Bitcoin ETF Would Be Good For Investors And Regulators

An opinion article published today on Bloomberg makes a case for the U.S. Securities and Exchange Commission (SEC) to approve a bitcoin exchange-traded fund (ETF).

According to the piece, authored by former chairman of the Commodity Futures Trading Commission (CFTC) Timothy Massad, such a product could “enhance transparency and integrity” in the Bitcoin industry.

“A Bitcoin ETF would be a way for retail investors to invest in cryptocurrency without having to actually purchase it and deal with the complexities of custody,” wrote Massad.

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