Grayscale, an investment firm that manages Bitcoin and Ethereum exchange-traded funds (ETFs), has announced that it will be reviewing the macroeconomic policy changes that will come into effect during President Trump's term in office.
On the 6th (local time), Grayscale said in a report that "if Republicans take control of the House of Representatives, the Trump administration will be able to use its financial resources to buy Bitcoin."
"In the long term, there may be a budget deficit, which could pose a risk to the US dollar, and investors may be willing to invest in Bitcoin to hedge against this risk," he said.
"In addition to regulatory changes (related to cryptocurrencies), the expected macroeconomic policy changes during Trump's term in office will likely drive demand for Bitcoin," he added.
"We can support this," he emphasized.
2024/11/07 12:47 KST
Copyright(C) BlockchainToday wowkorea.jp 118