According to the source, a social media post on Dec 19, 2025 claims the U.S. Senate confirmed Michael Selig as CFTC Chair in a 53-43 vote, but this has not been verified by official records at the time of writing. Source: public posts on X dated Dec 19, 2025; U.S. Senate roll call votes at senate.gov. Traders should wait for confirmation via the U.S. Senate roll call vote database and an official announcement from the CFTC or the White House before repositioning. Source: U.S. Senate roll call votes at senate.gov; CFTC press releases at cftc.gov; The White House Briefing Room at whitehouse.gov. If confirmed, CFTC leadership directly shapes U.S. crypto derivatives oversight, including rules and enforcement impacting BTC and ETH futures at CFTC-regulated venues such as CME and Coinbase Derivatives, affecting listing standards, margin, and compliance costs. Source: CFTC mission and jurisdiction at cftc.gov; CFTC Designated Contract Markets list showing CME and Coinbase Derivatives at cftc.gov. Near term, monitor CME BTC and ETH futures basis, open interest, and CFTC Commitments of Traders for positioning shifts tied to any confirmation headline. Source: CME Group product and market data at cmegroup.com; CFTC Commitments of Traders reports at cftc.gov. For cross-asset confirmation, track crypto-exposed equities like Coinbase (COIN) and MicroStrategy (MSTR) at the U.S. cash open as a beta signal to crypto sentiment. Source: Nasdaq market activity pages at nasdaq.com.