According to the source, a claim is circulating that the CFTC has approved U.S. spot crypto trading; traders should verify any such change only via an official CFTC order or a Federal Register notice before repositioning in BTC or ETH. Source: cftc.gov; federalregister.gov. The CFTC’s current mandate covers crypto derivatives (futures and swaps) and anti-fraud/manipulation authority in spot commodity markets, but it does not license or approve spot trading venues; any expansion of authority would be visible through formal orders or legislation. Source: cftc.gov/LabCFTC/primers-and-papers (A CFTC Primer on Virtual Currencies); cftc.gov/PressRoom/SpeechesTestimony. For market context, the SEC—not the CFTC—approved U.S. spot Bitcoin ETPs in Jan 2024, which broadened securities-market access without creating CFTC-regulated spot exchanges; confirmability of any new CFTC action is therefore critical to avoid trading on rumors. Source: sec.gov (Spot Bitcoin ETP approval orders, January 2024). For confirmation flow and positioning, monitor CME BTC and ETH futures basis and open interest as institutional participation proxies alongside any official CFTC publication. Source: cmegroup.com/markets/cryptocurrencies.