Here’s How the Crypto Market Could Recover Faster, Says FTX CEO

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Brett Harrison, president of FTX US, feels that regulatory clarity will help the cryptocurrency industry recover faster, making traditional institutional investors more comfortable with the young asset class.

Harrison believes that the current US crypto futures and options markets must grow even more powerful. It might be able to reduce volatility while also making it simpler for major corporations to enter the crypto market. 

Finally, the FTX US CEO believes that the approval of a physical Bitcoin exchange-traded fund will catalyse a new bull run. Despite the fact that similar ETFs are already traded in Canada and Australia, the SEC in the US has yet to approve such a product.