Robinhood CEO Vlad Tenev claims the incoming Trump administration 'gets it' when it comes to bitcoin and crypto, expressing hopes for a bitcoin strategic reserve.
Bitcoin’s $100,000 milestone is just the beginning of a "frontier of innovation," according to the CEO of one of the top market trading platforms. "The question is, do we want the U.S. to be a leader in this new industry like we are in artificial intelligence? I think the answer is, obviously, yes. We want to continue to lead there," Robinhood CEO Vlad Tenev said Thursday on "Cavuto: Coast to Coast.
On Truth Social, Trump said "Congratulations Bitcoiners!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!." The surge in crypto has driven investors into related exchange traded funds. 2X Bitcoin Strategy ETF, Grayscale Bitcoin Trust, Hashdex Bitcoin and ProShares Bitcoin are among the year's top performers, tracked by VettaFi, all with triple-digit returns well over 100%.
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