Get OPTO's best content every day by subscribing to our FREE Newsletter: www.cmcmarkets.com/en/opto/newsletterWelcome back! Today, we have the pleasure of introducing Matthew Sigel, Head of Digital Assets Research at VanEck. In this episode, Matthew dives into the SEC’s recent approval of US spot bitcoin ETFs, sharing his thoughts on the wild price movements post-launch and assessing the significance of this event for the future of crypto, including whether Ethereum might be next. We also discuss global crypto adoption, touching on the implication of recent restrictive regulatory actions in India, before diving into the potential of bitcoin to stand as a hedge against inflation. Matthew discusses his predictions on the upcoming bitcoin halving event, examining its industry-wide implications and addressing questions about miners' selling pressure. On Wednesday, VanEck announced the delisting of its Bitcoin Strategy ETF, which invested in bitcoin futures, by February 6th. The decision comes roughly a week after the firm received approval from the SEC to list shares of its spot bitcoin ETF, the VanEck Bitcoin Trust ETF [HODL]. Enjoy! Want further OPTO insights? Check out our daily newsletter: https://www.cmcmarkets.com/en/opto/newsletter------------------Past performance is not a reliable indicator of future results.CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment, or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction, or investment strategy is suitable for any specific person.The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.CMC Markets does not endorse or offer opinions on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC Markets shall not be held responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.-----The content in this podcast is for informational purposes only. Opto Markets LLC does not recommend any specific securities or investment strategies. Investing involves risk & investments may lose value, including the loss of principal. Past performance does not guarantee future results. Investors should consider their investment objectives and risks carefully before investing. The information provided is not an endorsement of this product and is for information and/or educational purposes only.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related