Cantor Fitzgerald CEO Backs Bitcoin and Tether, Dismisses Other Cryptocurrencies

Howard Lutnick sees potential in Bitcoin's upcoming halving and the possible approval of a U.S. Bitcoin ETF, while also holding over $90 billion in Tether's treasuries.

• 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.

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