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Galaxy analyst: Market believes Harris' stance on cryptocurrencies will be more favorable than Biden's policy

Chris Rhine, head of active strategy and portfolio manager at Galaxy Liquidity, said there is growing optimism that Vice President Kamala Harris' stance on cryptocurrencies will be more favorable than the Biden administration's policies, providing a more optimistic regulatory and legislative roadmap for the industry. Early in the fourth quarter, more large wealth management platforms are likely to approve bitcoin ETFs, further expanding the accessibility of digital assets in the trillions of dollars of wealth managed by brokerages. (TheBlock)