Bitcoin & the Commodity Futures Trading Comission

This article explains what changed today when the CFTC approved Bitcoin as eligible collateral inside regulated U.S. derivatives markets.

That decision won’t move price today, but it alters how institutions are allowed to hold and use Bitcoin. When an asset becomes collateral-grade, sell-offs stop being exits and become portfolio rotations. If the coming weeks look uneventful, it’s only because structural shifts appear long before capital moves...this piece is written so that you see what actually began.