Overview

• Cantor Fitzgerald CEO Howard Lutnick has expressed his support for Bitcoin and the stablecoin Tether, while dismissing other cryptocurrencies.
• Lutnick is optimistic about the upcoming Bitcoin halving and the potential approval of a spot Bitcoin ETF in the United States.
• Cantor Fitzgerald holds Tether's treasuries, which are now valued at over $90 billion.
• Lutnick sees Bitcoin as a speculative asset, similar to Tesla stock, and values its decentralization.
• He argues that Bitcoin could be used by individuals in countries with unstable currencies or political climates to protect their assets.