Brett Harrison: Crypto market will recover faster

06/21 03:55

FTX.US President Brett Harrison tweeted: "Some things that could slow market contagion and quicken recovery: -clarity from US regulators -more robust US crypto futures and options markets -US spot crypto ETFs Regulatory clarity for US crypto exchanges and other digital asset providers would instill confidence for US institutional investors to continue betting on the long term viability of the assets. More robust crypto futures and options markets in the US would also help bring in institutional capital, dampen volatility by giving access to capital efficient hedging, and make it easier for firms to gain exposure to the asset class without needing to handle spot. Spot ETF approval in the US would bring efficient price discovery and cheap means of crypto exposure to one of the most regulated and well-understood asset classes in the world."
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