According to BlockBeats, William Quigley, the co-founder of Tether and WAX, stated on June 17th that Wall Street's 'greed' would lead to an increase in products like Bitcoin and Ethereum funds, following their approval in the United States. Quigley anticipates a surge in ETFs for other mainstream cryptocurrencies such as Solana and Cardano, driven by Wall Street's relentless pursuit of profits.
Quigley further expressed that if Bitcoin ETFs prove successful, there will be a proliferation of imitators. He also cautioned that Wall Street's aggressive marketing of cryptocurrency products could pose significant risks, especially during market downturns.