For crypto to be a permissible asset for to back an ETP or other structured product, it must meet five criteria: A high level of institutional support and acceptance; reputable and experienced service providers to support the products; a mature spot market; regulated futures markets for trading derivatives and robust and transparent pricing mechanisms.
Cosmos Set For 50% Rally After Recent Plunge, Analyst Eyes $12
The market for cryptocurrencies is humming with hope because the recent climb of Bitcoin and the launch of Ethereum ETFs...