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Trump Administration Boosts Crypto Stocks: Piper Sandler's Outlook
Piper Sandler's positive outlook on crypto stocks under the Trump administration, highlighting key companies like Robinhood, CME Group, Virtu Financial, and Cboe Global Markets.
English
United States
Artificial IntelligenceInvestmentFinanceRegulationCryptocurrencyStocks
Piper SandlerRobinhoodCme GroupVirtu FinancialCboe Global Markets
Patrick MoleyDonald Trump
- How does Piper Sandler assess CME Group's involvement in the cryptocurrency market?
- CME Group, although currently with minimal crypto revenue, is considered a key player in crypto derivatives, and its future growth is anticipated with improved regulatory clarity.
- What is Piper Sandler's assessment of Cboe Global Markets' role in the crypto market?
- Cboe Global Markets, while having a small portion of its revenue from crypto, is noted for offering and clearing bitcoin and ether futures contracts.
- What is Piper Sandler's outlook on crypto-related stocks under the new Trump administration?
- Piper Sandler analyst Patrick Moley believes that the new Trump administration will be positive for crypto-related stocks, predicting more favorable regulations and mainstream adoption.
- What is Piper Sandler's perspective on Virtu Financial's position within the cryptocurrency market?
- Virtu Financial is seen as well-positioned to benefit from crypto's evolving presence in traditional finance due to its involvement in spot bitcoin and ether ETFs.
- Which company does Piper Sandler consider the most attractive investment in the crypto space and why?
- Moley highlights Robinhood as the most attractive crypto investment, citing its robust monetized crypto offering and potential for expansion with new products and tokens.