Dragonfly Partner: Regulatory shift in attitude towards Ethereum ETF indicates Biden administration will soften crypto policies

News on May 21, Dragonfly partner Haseeb Qureshi stated on his social media platform that the regulatory change in attitude towards Ethereum ETFs suggests a softening of crypto policies by the Biden administration, as they do not want to lose votes over "minor issues" (referring to crypto regulation problems) in election competition. The market will see other regulatory bodies also changing their attitudes in the coming months.