Reported 5 months ago
Bitwise Asset Management CIO, Matt Hougan, expresses confidence in the approval of a spot ether ETF, stating the chances are above 80% by the end of the year, fueling optimism and driving Ethereum's price surge. He believes common sense will prevail in the approval process, noting the existence of spot bitcoin ETFs and ethereum future ETFs. Hougan also mentions that Washington's positive stance on crypto and its popularity among American voters may influence the Securities and Exchange Commission's decision. Additionally, he discusses the impact of crypto on the upcoming election and states that crypto can thrive in any political environment.
Source: YAHOO