Direxion CEO Douglas Yones shared some insights with Benzinga on how cryptocurrency and commodities could benefit from ongoing macroeconomic uncertainties.
Despite traditional markets facing instability, Yones is optimistic about cryptocurrency’s continued rise — especially Bitcoin (CRYPTO: BTC).
In 2024, “the top three new ETFs by AUM in the U.S. were all Bitcoin-related, and we expect this trend to continue,” he says.
President-elect Donald Trump‘s pro-crypto administration is expected to play a role in fueling further demand for digital assets. …Full story available on Benzinga.com