Quigley Warns: Wall Street's Greed Will Drive More Crypto ETFs

Tether Co-Founder William Quigley expressed concerns about the increasing involvement of Wall Street in the crypto space, citing 'greed' as a driving force behind the approval of more ETFs.

Quigley believes that once Wall Street identifies a profitable opportunity, it will relentlessly pursue it, leading to the creation of new ETFs. He mentioned Solana and Cardano as potential next targets for Wall Street's pursuit of profit.

'Every time Wall Street packages a new product to sell to consumers, if that product is successful, you can guarantee there will be copycats,' Quigley stated.