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Which is exactly right, but couldn't the same argument be used against a gold etf?
by matt_wulfeck 10y ago
Which is exactly right, but couldn't the same argument be used against a gold etf?
- scrumper 10y agoYes this was my question. Do gold ETFs list under the same exchange rule?
- hl5 10y agoNo, the significant markets for gold are very much regulated.
- deleted 10y ago[deleted]
- greenyoda 10y agoIsn't gold traded on commodities exchanges, which are regulated? Note that the CFTC, which regulates commodities futures trading, is (or was?) considering regulating digital currencies: https://en.wikipedia.org/wiki/Commodity_Futures_Trading_Commission#Regulating_digital_currencies https://en.wikipedia.org/wiki/Commodity_Futures_Trading_Comm... However, it doesn't seem like they've come to a decision yet.
- dragonwriter 10y agoSignificant markets for gold are very much regulated, and exchanges listing gold ETFs have surveillance agreements with them.
- incompatible 10y agoI think it would apply to foreign currency ETFs, since the foreign exchange markets aren't exchanged-based. Foreign currencies aren't commodities though, so apparently it's completely different situation to a commodity like bitcoin.