Odaily星球日报讯 SEC 前互联网执法部门负责人 John Reed Stark 表示，摩根士丹利（Morgan Stanley）最近推出的大规模比特币 ETF 可能会使其面临更加严格的监管审查。 本周早些时候，这家华尔街巨头宣布计划允许其 15000 名持牌金融顾问开始向客户推销比特币现货 ETF。包括贝莱德的 IBIT 和富达的 FBTC。但仅限于净资产在 150 万美元及以上、风险承受能力高的高净值个人。（bitcoinist）

Odaily星球日报讯 SEC 前互联网执法部门负责人 John Reed Stark 表示，摩根士丹利（Morgan Stanley）最近推出的大规模比特币 ETF 可能会使其面临更加严格的监管审查。本周早些时候，这家华尔街巨头宣布计划允许其 15000 名持牌金融顾问开始向客户推销比特币现货 ETF。包括贝莱德的 IBIT 和富达的 FBTC。但仅限于净资产在 150 万美元及以上、风险承受能力高的高净值个人。（bitcoinist）

前SEC官员：摩根士丹利承销比特币ETF将使其受到更严格监管

According to Odaily, John Reed Stark, the former head of the Internet Enforcement Division at the SEC, stated that Morgan Stanley's recently launched large-scale Bitcoin ETF may face more stringent regulatory scrutiny. Earlier this week, the Wall Street giant announced plans to allow its 15,000 licensed financial advisors to start offering a Bitcoin spot ETF to clients, including BlackRock's IBIT and Fidelity's FBTC. However, this is limited to high-net-worth individuals with a net worth of $1.5 million or more and a high risk tolerance. (bitcoinist)

Odaily Odaily News: John Reed Stark, former head of the SEC&#39;s Internet Enforcement Division, said that Morgan Stanley&#39;s recent large-scale Bitcoin ETF may expose it to stricter regulatory scrutiny. Earlier this week, the Wall Street giant announced plans to allow its 15,000 licensed financial advisors to begin promoting Bitcoin spot ETFs to clients. Including BlackRock&#39;s IBIT and Fidelity&#39;s FBTC. But it is limited to high-net-worth individuals with a net worth of US$1.5 million or more and high risk tolerance. (bitcoinist)

Former SEC official: Morgan Stanley's underwriting of a Bitcoin ETF will subject it to stricter regulation.

Odaily Planet Daily Report: The Chicago Board Options Exchange (CBOE) has resubmitted its application for a Bitcoin ETF option, which may be a move to push for final approval. The new application document is 44 pages long, replacing the original 15-page version, and provides more detailed information on position limits and market manipulation. This morning, Bloomberg analysts stated that a Bitcoin ETF option may be launched in the fourth quarter of this year. (Cryptonews)

CBOE has resubmitted its application for a Bitcoin ETF option, which may be launched in the fourth quarter.

Can ETFs, the Federal Reserve's interest rate cuts, and the US presidential election help drive the crypto market into a bull market? Former Goldman Sachs Asia FICC Business Executive Director Herman analyzes the Web3 market situation and major events, with the key points as follows:

1. The market needs to pay attention to macroeconomic factors, and the Federal Reserve has not given a clear commitment to rate cuts.
More than a month and a half to two months ago, rate cuts had already been fully priced in. The market generally expected two rate cuts this year, although there was no rate cut in July, the market's expectation for a rate cut in September exceeded 100%, meaning a rate cut of more than 0.25 percentage points was possible.

Analysis: Once the "arbitrage spread" between Bitcoin ETFs and futures disappears, BTC may face the risk of a sharp decline.

Odaily reports that according to Yahoo Finance, despite the recent plunge in cryptocurrency prices, "institutions and retail investors remain highly interested in Bit coin ETFs". (Bit coin Magazine)