Coinbase Raises SHIB ETF Chances with New Derivatives Filing
full version at dailycoin
Coinbase Derivatives submitted new filings for CFTC-compliant futures contracts. In case of approval, SHIB’s exchange-traded fund odds get a substantial boost. The SHIB ETF petition on Change.org surpassed 11K signatures and is now targeting 15K. The Commodity Futures Trading Commission (CFTC) has approved several margin futures contracts, including Shiba Inu (SHIB). According to an announcement from Coinbase on June 28, 2024, the Coinbase Derivatives subsidiary is getting ready to launch the new futures smart contracts on July 15, 2024. It hopes that SHIB’s new contract, along with four other popular cryptocurrencies, will be approved by the CTFC by then.
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