Gary Gensler appeared on one of the financial networks. Naturally, after the Ethereum ETF approval, he was asked about other currencies receiving the same consideration.
In this video I discuss how we are already seeing the first wave of Wall Street doing its thing. There will be a host of products it builds; ETFs are just the start. There are some headlines that some are already working on double and triple leverage ETFs and, I presume, inverse.
This is only the beginning. Over the next decade, Wall Street will build a host of products on top of crypto, mirroring what they did with other asset classes.
▶️ 3Speak
Enjoyed watching your video Taskmaster... It's very fascinating to me seeing how quickly Wall Street is moving into and embracing crypto. ETFs are just the tip of the iceberg I bet. Can't wait to see what else they come up with in the next few years. Probably a couple years we're going to be seeing some huge investments projects because of this move
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It always amazes me how much money is currently available for these big companies. The BTC ETFs released and a lot of them bought large quantities. ETH ETF is coming, and more are anticipating it. And now they are looking forward to other products. I remember you saying there is not enough money, and with more investment opportunities coming, I can see it even more clearly.
Someone was confident that crypto spells the doom of Wall Street.
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