Keep pulling the thread on Zach Pandel.
In 2023, Grayscale won its lawsuit against the SEC concerning Bitcoin ETPs.
Bitcoin and Ether exchange-traded products (ETPs) came to market in 2024.
Zach Pandel predicts that a market structure bill for the crypto industry will be passed by the U.S. Congress in 2026.
Senate Banking Committee Chair Tim Scott stated that a markup for the crypto market structure bill is expected in early 2026.
Zach Pandel expects that regulatory clarity from new U.S. legislation will lead to a wide range of companies, including startups and Fortune 500 firms, issuing tokens as part of their capital structure.
Grayscale forecasts that Bitcoin will likely reach a new all-time high in the first half of 2026.
Zach Pandel predicts the Federal Reserve will cut interest rates in 2026.
The Securities and Exchange Commission has provided "generic listing standards" that have clarified and accelerated the process for bringing crypto ETPs to market.
Grayscale's "2026 Digital Asset Outlook" report characterizes the upcoming year as "the dawn of the institutional era" for crypto.
Zach Pandel believes investor demand for alternative stores of value like Bitcoin is driven by concerns over government debt, deficits, and the risk of fiat currency debasement.
Zach Pandel predicts that assets like gold, silver, Bitcoin, and Ether will strengthen in 2026 due to macroeconomic conditions.
Zach Pandel believes a failure to achieve bipartisan progress on U.S. crypto legislation would be a significant downside risk for the crypto asset class.