Stablecoins, ETPs and Legislation Key Themes for Crypto Returns in Q4

Crypto prices will likely be spurred by crypto market structure legislation, stablecoins and a flood of exchange-traded products (ETP) in the fourth quarter, analysts told Cointelegraph, after assets tied to digital treasuries dominated over the last quarter.

In a report released on Thursday, crypto asset manager Grayscale’s research team said crypto market structure legislation in the US, the CLARITY Act, represents “comprehensive financial services legislation,” and could be “a catalyst for deeper integration with the traditional financial services industry.”

Meanwhile, the Securities and Exchange Commission’s approval of a generic listing standard for commodity-based ETPs could also spark inflows because it increases the…

Source link