Grayscale and BlackRock see crypto growth despite political setback
In short
Grayscale and BlackRock say their crypto businesses can still grow even after a political setback in Washington. One says global demand and big investors will keep supporting the industry, and BlackRock sees little effect on its crypto business.
What the reporting says
Grayscale and BlackRock expect growth ahead as crypto's Washington hopes fade after a political setback. The asset manager says global demand and institutional adoption should support the industry, while BlackRock sees little impact on its crypto business.
Why it matters
Grayscale and BlackRock are presented as still expecting crypto growth even as Washington hopes fade after a political setback. The reporting does not quantify the growth outlook or identify which products or assets would benefit, so the near-term financial effect is not clear.