Equity capital markets ‘wide open’ for crypto as BTC hits $106k
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May has brought more crypto M&A, long-awaited US public listings, a milestone S&P 500 entrance and a bitcoin price surge. And we’re only two-thirds through the month.
In this environment, crypto equity diversification is the name of the game.
That’s according to Matthew Sigel, who is managing VanEck’s new Onchain Economy ETF (NODE).
“Thanks to tailwinds from the bitcoin price and the financial deregulation [from the] Trump administration and SEC, equity capital markets are wide open right now for anything crypto related,” Sigel told me. “That includes SPACs, IPOs and M&A. Expect much more capital formation in the space over…
