🚀 Wall Street’s Greed: Tether Co-Founder Predicts the Next Crypto ETFs 🚀
With Bitcoin and Ethereum ETFs making waves, Tether co-founder William Quigley expects Wall Street's greed to push more crypto ETFs for coins like Solana and Cardano. Wall Street thrives on new products, and as long as they’re profitable, they’ll keep coming.
Quigley predicts that as soon as the excitement cools, ETF providers might pivot to the next big thing. The SEC’s approval of spot Bitcoin ETFs was a major milestone, allowing investors to access Bitcoin without directly holding it, sparking huge interest and investment.
Ethereum ETFs are next in line, with SEC Chairman Gary Gensler hinting they might be ready by the end of summer. However, Quigley is cautious, warning that Wall Street's aggressive push into crypto could bring risks if institutional investors bail during downturns.
Despite his reservations, Quigley admits that ETFs are crucial for massive market growth. Bitcoin's recent price moves reflect this, with historical patterns suggesting significant gains after the upcoming halving event. 🌟📈💰
