Julie Hyman catches up with Galaxy Digital (GLXY.TO) CEO and founder Michael Novogratz at the Future Proof Festival in Huntington Beach, California, to...
) CEO and founder Michael Novogratz at the Future Proof Festival in Huntington Beach , California , to discuss crypto exchange-traded funds options and the impacts of the upcoming presidential election on the crypto market.
Yeah, listen, we the, the, the, the the products are like a week old off to great performance in one week.Crypto has been just a, a long play and now with as many equities as there are around the space, uh, you're able to go long and short in these ETF S, uh, use options to hedge and not short in the ETS, but long or short your index, use options to hedge.Uh, and I think you know, teaming up with State Street, they've got four trillion under management.
I'm sorry, Harris, I do think there is a high possibility that Harris is going to have a perfectly excellent crypto policy, maybe not as aggressive as Trump saying I'm going to buy crypto for the balance sheet, but, but all we really need is for people to stop stopping us. We need to raise productivity in this country that governments aren't real productive that we need to, you know, uh, reform Social Security and Medicare if you had that miracle, I mean, Bill Clinton kind of got there.And we're at this weird acceleration, we're adding a trillion dollars of debt every 100 days.If there is this government spending?
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