Pantera Capital CEO: Investors ‘Overreacting’ to ETF Delay, Should Focus on Bullish News

More from: | CoinTelegraph |
0

Pantera Capital CEO Dan Morehead claimed that crypto markets are reflecting some overreaction from investors recently, in comments to CNBC August 8.

Speaking in an interview on CNBC’s “Fast Money,” Morehead suggested that investors have exaggerated the importance of the U.S. Securities and Exchange Commission (SEC) recent delay on their decision regarding a Bitcoin (BTC) Exchange-Traded Fund (ETF).

As per Morehead, crypto investors should instead focus on more bullish events in the market, such as the announcement of upcoming cryptocurrency project Bakkt by the Intercontinental Exchange (ICE). The ICE, which operates 23 large global exchanges including New York Stock Exchange (NYSE), is set

(...)

Read full article » https://cointelegraph.com/news/pantera-capital-ceo-investors-overreacting-to-etf-delay-should-focus-on-bullish-news


About | CoinTelegraph |

Cointelegraph is a completely independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen web. We offer the latest news, prices, breakthroughs and analysis with emphasis on expert opinion and commentary from the digital currency community.

»Twitter: @cointelegraph »Facebook: @cointelegraph »YouTube: Cointelegraph