Politically-motivated rate cuts could coincide with the bitcoin “halvening” — as well as potential spot bitcoin ETF launches — making for a “very exciting spring” for crypto investors, Van Eck says.
“We’re near the end of this Fed cycle of tightening,” he says. “We’re certainly closer to the end than the beginning.”
“If one is cynical about the election, then you want at least six months for lower rates to kick in,” he adds.
On the Empire podcast (Spotify/Apple), the Van Eck CEO admits he is not a “mind reader” when it comes to the timing of potential spot bitcoin ETF approvals. But he sees “movement at the [US Securities and Exchange Commission] now,…
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