Tether co-founder: Wall Street’s “greed” will prompt the emergence of more mainstream cryptocurrency ETFs such as Solana
Odaily2024/06/17 01:43
By:Odaily
Odaily News William Quigley, co-founder of
Tether and
WAX, said that after the United States approved
Bitcoin and
Ethereum spot ETFs, Wall Streets greed will bring more and more such products. Quigley predicted that due to Wall Streets relentless pursuit of profits, ETFs for other mainstream cryptocurrencies such as
Solana and
Cardano will also emerge in large numbers. He added that Wall Street likes the next hot new thing because it can talk to consumers and sell their products. But Quigley expects that if the momentum eventually cools down, ETF providers will turn their attention to the next big trend. (Decrypt)
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