USA’s largest crypto exchange FTXHead of Brett Harrison In an interview broadcast on CNBC Bitcoin (BTC), Ethereum (ETH) and wither(SOL) evaluated.
Stating that Bitcoin (BTC) will gradually lose its market share dominance to Solana and Ethereum, Harrison claimed that BTC will lose its former power.
ICYMI: @FTX_US President @Brett_FTXUS joined Squawk Box on CNBC today and they talked some #bitcoinspic.twitter.com/KM0qhrrCld
— FTX (@FTX_Official) February 14, 2022
Alternative proof-of-stake assets such as Ether and Solana, as well as other alternative currencies, are all recovering in market cap. Over time, the tendency for total market share to come from just one asset—Bitcoin—will decrease!
Harrison said that institutional investors are not entering the crypto space as much as predicted. According to the CEO, the world’s largest investors await further regulatory clarity before making a full entry into the space. Harrison also
We have hundreds of conversations with pension funds, family offices, and big banks looking to get into crypto. All employees are privately into crypto, but the actual companies themselves have yet to be involved in this industry.
said.
Noting that this is a compliance and regulatory issue, the famous CEO said for large companies, “Many are waiting for the button to be pushed for more regulatory clarity in the US and around exchanges like ours.” said.