Probably a mixed blessing depending on one's position on the market -- not to mention one's market position! The way I see it, institutional involvement usually involves control and manipulation. No doubt this news is fabulous for the brothers Winkevoss, but for the rest of us, I suppose it remains to be seen. :/
RE: And just like that, the Derivatives Market is opening up to Bitcoin
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And just like that, the Derivatives Market is opening up to Bitcoin
That is true. If nothing else it brings more players to the market which at the very least would hopefully create liquidity. So, even if the prices don't increase, more participants would be a plus.
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