Cantor Fitzgerald's CEO, Howard Lutnick, has expressed his support for Bitcoin and stablecoin issuer Tether. He believes that Bitcoin's halving cycle and decentralized nature have contributed to its widespread popularity. Lutnick also mentioned the positive impact of the spot ETF drive among institutional investors and the potential approval of a spot Bitcoin ETF by the SEC. He praised Tether for its stablecoin and revealed that he holds their treasuries, which are currently valued at over $90 billion. Lutnick does not expect significant interest rate cuts by the Feds in the coming year and predicts potential improvements in the banking and tech sectors, while real estate may face challenges.
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