G7finance.com - Crypto Currency Updates logo G7finance.com - Crypto Currency Updates logo
CryptoGlobe 2019-10-13 05:27:34

Brian Kelly Says Ethereum Being a Commodity Is 'Huge' for Crypto Markets

Brian Kelly told CNBC that he was unconcerned by the SEC's decision to deny bitcoin ETFs, particularly with the rise of traditional brokerages entering the crypto space. Instead, Kelly calls the CFTC's classification of ethereum as a commodity as a 'huge' development for the market that will pave the way for institutional investment.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer