💥💥Bitcoin and Altcoins Will Go Mainstream: ETF Issuer Announces Bull Scenario 💥💥
Jonathan Steinberg, founder and CEO of WisdomTree, attracted attention with his statements about Bitcoin and altcoins. Drawing a US-based bull scenario, Steinberg stated that US presidential candidate Donald Trump's speech at the Bitcoin 2024 conference on July 27 will provide important regulatory clarity for the cryptocurrency industry.
WisdomTree began issuing WisdomTree BTCW ETF, a spot Bitcoin ETF, with approval from the US in January.
In an interview with CNBC on July 29, Steinberg stated that reduced regulatory uncertainties, the increase of publicly traded crypto funds, and the tokenization of real-world assets (RWAs) will allow cryptocurrencies to move into the mainstream.
Steinberg said that Trump's goals for cryptocurrency and Bitcoin are quite ambitious at the Bitcoin 2024 conference in Nashville, Tennessee. The former US President's promise of regulatory clarity regarding crypto and digital assets will positively impact the industry and cover not only crypto assets but also blockchain-powered financial services, he said:
“Regulatory clarity is promised for crypto and digital assets in general. This will have a very positive impact not only on crypto assets but also on blockchain-supported financial services. Crypto is an asset class and also includes the broader tokenization of all real-world assets. "We're moving towards programmable money that will truly transform financial services, and that's very exciting."
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