The SEC and CFTC are paving the way for spot trading of Bitcoin and Ethereum on Wall Street, a step that could accelerate institutional adoption and transform the crypto market.
A joint statement by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) has generated great excitement in the crypto market.
According to experts, the announcement paves the way for Bitcoin (BTC) and Ethereum (ETH) to be traded directly on traditional exchanges like the NYSE or Nasdaq, without the need for intermediaries like ETFs. If materialized, this move could accelerate the influx of institutional capital and consolidate cryptocurrencies as mainstream assets.
The measure announced jointly by federal agencies is part of the Project Crypto Sprint, a joint initiative by financial regulators to provide clarity on the oversight of digital assets. Analysts emphasize that, if implemented, it would not only eliminate the dependence on price-replicating funds, but would also reduce associated costs and risks. Furthermore, it would mark a milestone in the formal integration of cryptocurrencies into the traditional financial system.
Buy Bitcoin here. Anticipate its entry on Wall Street.What does regulatory liberalization mean for Bitcoin and Ethereum?
The SEC and CFTC clarified that registered exchanges can facilitate spot trading of certain cryptoassets, a key step toward listing them on traditional exchanges like the New York Stock Exchange (NYSE).
Until now, most investors have purchased Bitcoin and Ethereum primarily through cryptocurrency exchanges and, starting in 2024, through exchange-traded funds or ETFs that track their price. However, these ETFs come with their own set of complications: for example, management costs and the risk that the ETF's price may not exactly match that of the underlying asset, known as price gouging. tracking errors.
Now, with the new authorization Issued by the SEC and CFTC for trading certain spot cryptoassets, this distance between the investor and the real asset is eliminated. The purchase could be made directly using Bitcoin or Ethereum, without intermediaries or additional fees for fund management. Overall, this change could not only open the door for smaller investors to more easily access major cryptoassets, but also attracts the attention of large institutions, which can now seek direct and more transparent exposure to cryptocurrencies, without complicated intermediaries.
Create your portfolio with Bitcoin and Ethereum hereThe arrival of BTC and ETH on the NYSE will change the perception of cryptocurrencies.
The arrival of Bitcoin and Ethereum on such iconic and regulated exchanges as the NYSE and Nasdaq would not only represent a game-changer, but a true revolution for the mass adoption of these cryptocurrencies.
According to the financial community and experts, if these cryptos were to be listed alongside giants like Apple or Nvidia, they would gain a completely new status: that of top-tier financial assetsThis classification would not only validate their value, but would also open the doors to a much wider audience, especially those traditional investors who until now viewed cryptocurrencies with some mistrust or suspicion.
However, it's not just about direct exposure to these regulated markets. Institutional recognition is another key factor that's making a difference in the market.
The joint oversight and regulation exercised by agencies like the SEC and CFTC provide an extra layer of confidence in cryptocurrencies today. This careful oversight, led by Paul Atkins and Caroline Pham, SEC Chairman and Acting CFTC Chairwoman, respectively, is helping to reduce the sense of risk that many associated with this type of cryptoasset, which until recently seemed like a volatile and unsafe territory for institutional operations.
Combined with the strong US regulatory infrastructure, this regulatory backing could transform Bitcoin and Ethereum, officially placing them as commodities or commercial assets fully accepted within the traditional financial system. Thus, these cryptocurrencies are increasingly close to definitively establishing themselves as a pillar of the modern economy.
Trade BTC on Bit2Me and take advantage of regulatory opennessMoving towards cryptocurrency normalization
The decision by US authorities to issue a joint statement authorizing spot trading for certain cryptocurrencies represents a significant step forward in cryptocurrency adoption. If BTC and ETH begin trading on Wall Street, it would not only facilitate access for retail and institutional investors, but would also lay the groundwork for further integration into the global financial system.
Although details remain to be finalized, the message is clear: cryptocurrencies are moving from a niche phenomenon to mainstream financial assets. The question now is not if this will happen, but when, and how quickly the market will respond to this new and innovative scenario.
Certificate
Main Cryptocurrencies Course
Basic levelBit2Me Academy brings you a new course in which you will learn everything you need about the most important cryptocurrencies that exist today.
