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The firm believes Trump's rumored endorsement of Bitcoin as a strategic reserve asset could ignite a "parabolic" surge in the flagship crypto's price.
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The firm believes Trump's rumored endorsement of Bitcoin as a strategic reserve asset could ignite a "parabolic" surge in the flagship crypto's price.
Assad Jafri 3 min read
Korshain believes Trump's support for Bitcoin will lead to a more favorable regulatory environment and boost prices.
Bitcoin and Ethereum ETFs lead $1.35 billion crypto investment boom.
Crypto community members believe the political party has a strong opportunity to win back crypto votes in the coming election.
From crypto exchanges planning an IPO to Bitcoin miners, nearly every U.S. crypto firm will likely benefit from Trump’s win.
The exchange has published listing notifications for five spot Ethereum ETFs, which are set to begin trading on July 23 after securing final regulatory approval.
Jefferies identified several crypto-related equities that could significantly benefit from these policies, including Coinbase and MicroStrategy.
The investment will use certain customer fiat funds.
Investors expect Trump’s economic policies to boost traditional large companies, despite risks to small and tech firms.