Electric Capital co-founder Avichal Garg believes that spot Bitcoin ETFs have helped ease the blow from the collapse of crypto exchange FTX.
According to Avichal Garg, co-founder of venture capital firm Electric Capital, cryptocurrency exchange Coinbase will probably not need to mention the word crypto in the future.
Garg predicts that probably in the next five years, Coinbase will not really mention crypto as part of their advertising, as people will just know that you can buy stuff on Coinbase, similar to how people view trading platform Robinhood. He thinks it will just be known as another financial instrument that investors can buy and gain yield from.
The reason I think that is theres this adage where people overestimate whats possible in two years, and they underestimate whats possible in 10, Garg tells Magazine.
