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Traders Urge Caution on Potential Bitcoin ETFs

Senior industry figures say it may be too soon to create financial products based on cryptocurrencies.

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There have been significant steps taken in recent months to breathe confidence into the digital space—with Six Swiss Exchange set to launch a cryptocurrency platform designed to provide trading, settlement and custodial services, and VanEck teaming up with SolidX to file its third bid to list a physically backed bitcoin exchange-traded fund (ETF).

These latest movements, however, have still failed to alleviate industry concerns relating to crypto ETFs, with some of the key issues involving

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DTCC dives into public cloud

The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.

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