CBOE cleared to launch leveraged bitcoin futures

This is good news and bad news.

These products will likely suppress the price when there aren't any catalysts, but they will likely also exacerbate the moves when we are trending.

So, if things are super bullish this might just add fuel to the fire, which works for me.

What do you think about this news?

(Source: https://twitter.com/BTC_Archive/status/1724086809687179699/photo/1)

Good news or bad news?