On October 24th, the US Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger commented on the recent surge in Bitcoin prices, stating that investing in cryptocurrency is no longer a "fad". Mersinger noted that certain Bitcoin-related ETFs have been trading for some time and that institutions are interested in investing in cryptocurrency. He said, "I think people are interested in these products and the market is ready for the listing of these products (spot Bitcoin ETFs)."
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