The investment firm Canaccord Genuity, which manages $570 million, has projected an upcoming surge in the cryptocurrency market. The firm’s quarterly report highlighted that cryptocurrencies lagged behind traditional assets in the second quarter, but that potential ETF entries could reverse this trend. Michael Graham, head of the firm’s analyst team, indicated that spot ETFs are
![Bitcoin [BTC] Market Plummets Amid Mt. Gox and German Government Sell-Offs; Justin Sun Offers Rescue](https://resources.cryptocompare.com/news/77/30434164.jpeg "Bitcoin [BTC] Market Plummets Amid Mt. Gox and German Government Sell-Offs; Justin Sun Offers Rescue")
