Sean Farrell, head of crypto strategy at Fundstrat, echoes Johnsson’s thoughts. “The SEC’s approval of a spot ETF would undeniably aid in ensuring creditors are made whole. We’d witness a more pronounced narrowing of the discount to NAV in GBTC, and it’s probable that crypto asset prices would surge overall, given the positive catalyst.”
Trump’s Pro-Crypto Bluster at NFT Gala Lacked Policy Substance
At the Mar-a-Lago gala, Trump courted a constituency Biden has thoroughly snubbed – even if the GOP candidate isn't exactly...