🚀 **Crypto Collateral Coming Soon?**

- The CFTC might approve digital assets as trading collateral by year-end.

- A subcommittee recommended using blockchain-based collateral in commodities and derivatives trading.

- If approved, traders could use digital assets like BlackRock’s BUIDL token for transactions.

- This could push mainstream adoption beyond big players like BlackRock and JP Morgan.

- But, the main committee still needs to approve the proposal before it goes to the CFTC.

- Meanwhile, BlackRock’s Bitcoin ETF led a strong inflow streak in September, hinting at growing digital asset value in traditional finance.

Stay tuned for more crypto magic! ✹