TechFlow news: After Bitcoin's price surge over the past day, Summer Mersinger of the U.S. Commodity Futures Trading Commission (CFTC) commented that investing in cryptocurrencies is no longer a "fad."
Mersinger noted that certain Bitcoin-related ETFs have been trading for some time and that institutions are showing interest in cryptocurrency investments. He said, "I think there's strong interest in these products, and the market has demonstrated readiness for their introduction. The more we see traditional finance getting involved and making real investments, the further it proves these products aren't going away."
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