Despite a recent dip in Bitcoin’s price below $100,000, Kraken Co-CEO Arjun Sethi remains optimistic about the cryptocurrency’s long-term prospects. He attributes short-term fluctuations to typical market volatility across asset classes and emphasizes that Bitcoin continues to hold significant potential for growth. Sethi highlights the tokenized stock offering from Kraken (Xstocks) as a prime example of this long-term vision, noting its substantial user base and continued growth despite market downturns. Furthermore, Sethi expresses confidence in upcoming regulatory changes, such as the GENIUS Act and Clarity Act, which he anticipates will foster innovation within the crypto space. This suggests that his focus is on the broader ecosystem rather than solely reacting to short-term price fluctuations.