Smart money is moving now, despite uncertainty around the upcoming election and Federal Reserve actions.
Roundtable anchor, Rob Nelson, along with David Gokhshtein, founder of Gokhshtein Media, and Samuel Armes, CEO of Cardone Digital Ventures, weighed in on how institutional players and fund managers are navigating the current financial landscape.
David Gokhshtein suggested that many institutional players have already begun deploying capital following the Federal Reserve’s recent rate cuts. “They’re ready to go…they’re not going to tell us their game plans,” he said, adding that large funds are likely making quiet moves to avoid being front-run by others in the market.
Samuel Armes agreed with the notion that some investors are moving cautiously but made a distinction between different types of investments. “If I was a company that did venture capital in bitcoin mining, yeah, I’d probably wait,” Armes noted, pointing out that political stability is a key factor for larger, long-term investments, though token purchases may not be as heavily impacted.
Bitwise CIO Matt Hougan recently told investors at a conference that, “the most powerful people in finance are finally allocating to crypto.”
When asked about potential market movement, Gokhshtein was optimistic, saying that many on Wall Street are already positioning themselves for a post-election surge. “Half of those people are going in now,” he explained, suggesting that major funds are gradually entering the market without making public declarations.
As for price predictions, Armes expressed caution, while Gokhshtein remained bullish. Regardless of the election outcome, Gokhshtein expects a flood of capital into the market. “I’m bullish in either case,” he said, highlighting the likelihood of a significant crypto surge driven by institutional investment after the election.
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