Galaxy analyst: Market believes Harris' stance on cryptocurrencies will be more favorable than Biden's policies

Chris Rhine, head of active strategies and portfolio manager at Galaxy Liquidity, said that there is growing optimism that Vice President Kamala Harris's stance on cryptocurrencies will be more favorable than the Biden administration's policies, providing a more optimistic regulatory and legislative roadmap for the industry. In the early fourth quarter, more large wealth management platforms are likely to approve Bitcoin ETFs, further expanding the accessibility of digital assets to the trillions of dollars of wealth managed by brokerage firms. (TheBlock)