Tether Co-Founder Slams Wall Street's Greed in Crypto

Tether Co-Founder William Quigley has expressed his dissatisfaction with the growing involvement of Wall Street in the cryptocurrency space. Speaking to Decrypt, he stated that he was happy with crypto without Wall Street's influence.

Quigley predicts that after Bitcoin and Ethereum ETFs are approved, more will follow. He named Solana and Cardano as possible next targets for ETF installations. According to him, Wall Street's relentless pursuit of profit will drive the creation of new products.

'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 said. He warned that when there is a big pullback in the trend, it will lose momentum.