Galaxy Digital CEO Mike Novogratz predicts a shift in the crypto industry away from speculation towards real-world assets. He sees the recent Bitcoin slump as part of a broader industry change, expecting a more enduring market to emerge.
Novogratz outlined his vision for the future of crypto at a CNBC forum, emphasizing real-world assets with lower returns. He believes tokenized stocks will offer distinct returns compared to traditional assets.
The CEO remains optimistic about the CLARITY Act, a crypto market structure bill, receiving bipartisan support. Bitcoin has seen a 23.39% YTD decline and is more than 45% below its 2025 peak, tracking high-growth tech stocks.
Novogratz dismisses concerns about quantum computing’s impact on Bitcoin, calling it an “excuse” for selling off the cryptocurrency. During an earnings call, he noted early Bitcoin holders are taking more profits than expected, triggering further selling.
Grayscale Investments suggests Bitcoin’s volatility reflects its transition to a mature store of value. BAM Capital offers investors exposure to institutional-grade multifamily real estate, focusing on income and long-term growth amid strong renter demand.
Investors increasingly seek platforms like Kraken Pro for transparent and efficient crypto trading. REX Shares provides specialized ETFs for precise investment strategies, while Motley Fool Asset Management offers ETFs based on growth, value, and momentum strategies.
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Read more at Yahoo Finance: Galaxy CEO Mike Novogratz Says Crypto’s ‘Age of Speculation’ Is Ending, Sees Shift From Hype To Real-World Assets
