Galaxy Digital founder novogratz thinks the SECGov will approve more than one Bitcoin ETF and when it does, it will be a major regulatory tick of approval for the asset.
that “everything other than Bitcoin” falls under his agency’s purview and other crypto projects “are securities" as there are typically known developers and profits are anticipated based on their work.Novogratz was evasive when asked his thoughts on if Galaxy and Invesco’s spot Bitcoin ETF would be able to list before the end of the year.“No one of significance has gotten through the listing process. We are in that process and it has been a long and frustrating path.
“I think we're probably going to need either a change of heart at the SEC or a change of administration to see real progress in crypto regulation here in the U.S.” Novogratz predicted the price of Bitcoin will end the year at a high. “If you take out the top we’ll have a nice leg up,” he said. to preserve this moment in history and show your support for independent journalism in the crypto space.
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