Crypto ETFs Approval Marks Institutional Adoption Milestone
- 2024 approvals of crypto ETFs seen as a “watershed moment” for institutional adoption.
- Regulatory clarity in the U.S. is needed for “full-throated demand” to emerge.
- Activity in the crypto market increased significantly by the end of 2024 compared to its start.
- Bitcoin’s volatility now peaks between 9am and 10am EST, aligning with Wall Street’s opening.
- Anthony Scaramucci predicts crypto legislation will be finalized by November or March 2026 at the latest.
The panel at the Digital Assets Forum highlighted that while institutional activity surged in 2024, true market penetration remains limited without regulatory clarity. Anthony Scaramucci anticipates significant legislative progress within two years.
Source (2.6)https://decrypt.co/304136/crypto-etfs-demand-wall-street?rand=52368
