Rex CEO Warns of ‘Sketchy’ Crypto Market as Issuers Face ETF Decision

REX Financial CEO Greg King warns that many cryptocurrency assets lack trustworthiness, urging issuers to be selective when launching exchange-traded funds (ETFs). He emphasizes that the majority of cryptocurrencies are not suitable for widespread investment due to their volatility and inherent uncertainty. While some issuers are seeking approval for various tokens, King predicts a concentrated focus on well-established cryptos like Bitcoin and Ethereum rather than speculative, lesser-known coins.