The founder and CEO of an investment firm specializing in digital currencies is looking forward to the next crypto exchange-traded fund (ETF).
In a new CNBC interview, Brian Kelly, head of BKCM LLC responds to speculation that the US Securities and Exchange Commission (SEC) could approve Ethereum (ETH) ETF applications starting tomorrow, by indicating which digital asset he expects to receive ETF approval next.
“I think you should probably consider Solana next, right? Bitcoin, Ethereum and Solana. Now we have some clarity on what is a security and what isn’t, and they will be able to list a lot more cryptocurrencies, which means a lot more trading for them. So I think they are the biggest beneficiaries of the change that has taken place.”
According to Kelly, this crypto landscape in Washington DC is rapidly changing in favor of the crypto industry.
“Overall, this has changed the landscape for crypto.
In May, Trump was asked a question about crypto. He said: if you want crypto, vote for Trump. That clip went viral and actually changed things in Washington. We have seen several pro-crypto voices in recent days. The president said he would veto that, but then backed off slightly.
So I think there has been a major change in regulation here, and that is a welcome change from the industry.”
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