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SEC warns investors of the risks with Bitcoin futures


11 Jun 2021

#Bitcoin

The U.S. Securities and Exchange Commision (SEC) has warned investors about the risks of Bitcoin futures trading - citing market volatility, a lack of regulation and fraud to name a few issues. In a June 10 Investor Alerts bulletin, the SEC outlines key points that investors should “carefully consider” before investing in a fund that buys or sells Bitcoin futures.

“Investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment,” the bulletin read. This latest Bitcoin-related risk warning from the SEC follows up on a note it sent out last month, warning investors “interested in investing in a mutual fund with exposure to the Bitcoin futures market” to think twice due to the risks.

The latest warning notes that while investments in all types of funds involve risk, funds that “buy or sell Bitcoin futures may have unique characteristics and heightened risks compared” to others: “Investors should consider the volatility of Bitcoin and the Bitcoin futures market, as well as the lack of regulation and potential for fraud or manipulation in the underlying Bitcoin market.”


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 93.2% 4 $26 246.05 0.36% -3.43% $511 734 085 488 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 90% 6 $1 593.83 0.66% -2.38% $191 632 513 294 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $0.999487 -0.01% -0.07% $83 224 164 781 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 92.4% 4 $211.72 0.08% -2.04% $32 571 718 390 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 92% 8 $0.503310 -0.20% -3.37% $26 832 642 795 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 95.6% 1 $1.000273 0.03% 0.02% $25 522 808 716 USDC 7 days price change
7 Lido stETH (STETH) STETH Lido stETH predictions 90.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
8 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 88% 16 $0.084838 0.99% 0.17% $8 625 977 192 WTRX 7 days price change
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11 Solana (SOL) SOL Solana predictions 85.2% 23 $18.91 -1.18% -6.86% $7 807 388 894 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 84.4% 20 $0.085113 0.64% 0.41% $7 583 242 853 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 58% 86 $2.15 0.87% -11.29% $7 362 786 595 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 92% 1 $0.999873 0.06% 0% $5 347 208 180 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 89.6% 16 $4.00 -0.01% -3.39% $4 935 973 005 DOT 7 days price change

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