Tether Lianchuang: Wall Street’s “Greed” Will Drive the Launch of More Crypto ETFs

William Quigley, co-founder of Tether and WAX, said that after the US approves Bitcoin and Ethereum spot funds, Wall Street “greed” will fuel more and more such products. Quigley predicts that ETFs for other mainstream cryptocurrencies such as Solana and Cardano will also appear in large numbers as Wall Street relentlessly pursues profits.

He said that Wall Street's "greed" will fuel the rise of such products and that if the Bitcoin ETF is successful, imitators will appear one after another. He also warned that Wall Street's aggressive marketing of crypto products could pose significant risks, especially during market declines. (Decryption)