Bitnomial, a US regulated crypto derivatives exchange, has joined the Intermarket Surveillance Group (ISG) to help ETF issuers launch new spot crypto ETFs under updated SEC rules.

Bitnomial Exchange, a derivatives exchange regulated by the Commodity Futures Trading Commission (CFTC), officially became a member of the Intermarket Surveillance Group (ISG) on 29 October. ISG is a network of global exchanges that cooperate to detect and prevent market manipulation  The membership allows exchange-traded fund (ETF) issuers to use Bitnomial’s futures contracts to meet SEC surveillance sharing requirements for launching commodity-based ETFs, including those tied to