U.S. Elections and Crypto Investments: Bruno Caratori’s Outlook

Client Sentiments at Hashdex: A Shift in Focus

As of March 2024, Hashdex oversees $849 million in assets, positioning itself as a frontrunner in U.S. cryptocurrency investment.

Bruno Caratori shared that the latest bullish market trends have amplified their clients’ enthusiasm for crypto. He highlighted that the team has been actively engaging with users in recent weeks, a time when the market reached new heights.

There's, of course, a lot of curiosity and excitement, especially due to the big price movements,

he remarked.

People are looking for insights on the road ahead, the expert stated—what do the election results mean for the crypto market, and can the current price levels be sustained?

Bruno Caratori (Hashdex) in a CNBC interview. Source: Youtube

Crypto Industry in 2025: Key Projections

During a CNBC interview, Caratori was asked to share his main expectations for 2025, particularly in light of hopes for improved regulatory conditions. He emphasized that the coming year could mark a turning point for the industry.

The restructuring of Congress and the potential for progressive legislation could enable real progress for cryptocurrency assets.

After years of administrations that have either been dismissive or just flat-out hostile towards crypto, we're poised to welcome not just a new president but, most importantly, a new makeup of Congress that's suppose to recalibrate the regulatory attitude towards crypto,

Caratori explained.

Hashdex continues to believe in cryptocurrency as the foundation of a prosperous future. Source: hashdex.com

Long-Term Crypto Opportunities: Insights from Caratori

Bruno Caratori of Hashdex advocates for a long-term investment outlook when it comes to crypto assets.

Legislative advancements, such as potential stablecoin regulations and market structure reforms, are expected to unlock opportunities for projects extending beyond Bitcoin.

The truth is, outside of Bitcoin, for years now, there's been this dark regulatory cloud on top of every asset and every project that's seeking to issue a token. A clearer framework could empower teams to innovate without fear of regulatory repercussions,

he said.

While acknowledging that regulatory change will take time, he remains optimistic about the profound impact these reforms will have on the industry.

Caratori continues to assure clients that the mid- and long-term potential for the cryptocurrency market remains exceptionally bright.

Cryptocurrencies’ Rising Political Clout

Caratori underscored the growing importance of cryptocurrencies in U.S. politics. 

The unequivocal conclusion from this last election is that crypto is a key issue for the electing body,

he asserted.

Bruno noted that the adoption of cryptocurrencies by the general public will align with the growing integration of blockchain technologies into their everyday lives.

A younger generation of legislators, who are less skeptical of cryptocurrencies, is expected to play a leading role in shaping this future. Caratori observed that this generational transition is helping drive the social adaptation of the crypto industry.

It won't surprise you that there's a big correlation between a negative attitude towards crypto and the generation you are,

he said.

Younger Americans’ familiarity with digital assets and blockchain could speed up adoption as their representation in Congress grows.

Caratori is optimistic about the future of the crypto industry. Source: Youtube

The Role of Bitcoin ETFs Amid Market Volatility

Bruno Caratori concluded with insights into 2025’s market volatility and the implications of rising Bitcoin ETF demand for the broader crypto ecosystem.

He acknowledged the challenges of predicting short-term price movements, pointing to Bitcoin’s rise to $90,000–$100,000—something that seemed far-fetched just a few months ago—as an example of market unpredictability.

Caratori highlighted that as Bitcoin and other cryptocurrencies continue to develop technologically and gain real-world utility, their growth prospects will rise dramatically.

If Bitcoin becomes indeed a store of value that is as meaningful as gold, it needs to be valued at at least a million dollars,

he stated.

Caratori pointed out that the adoption of Bitcoin ETFs by institutional investors and brokers is expected to drive further price growth. Bitcoin’s scarcity contrasts sharply with the unlimited demand it could face.

The presidential election has paved the way for significant changes in the crypto industry. With clearer regulations and a shift in political leadership, the sector seems poised for expansion.

While market volatility remains an issue, crypto assets’ potential continues to capture the attention of both individual and institutional investors. Caratori stressed the importance of keeping a long-term outlook and monitoring regulatory and technological developments.

Hashdex’s 2024 Predictions: A Perfect Match?

Last December, Hashdex unveiled its investment forecast for the cryptocurrency sector in 2024.

Hashdex’s 2024 prediction turned out to be remarkably precise. Source: hashdex.com

Hashdex’s report highlighted three pivotal factors predicted to shape the future of the digital asset market:

1. Entry into the Realm of Traditional Finance (TradFi)

Accelerated adoption by institutional investors and corporations was expected to signal the institutional phase, paving the way for crypto’s seamless integration into mainstream financial systems.

2. Technological Advancements

The report projected significant progress in blockchain development, enhancing scalability and unlocking innovative possibilities for end-users.

3. Adoption of Crypto ETFs

The long-awaited introduction of a spot Bitcoin ETF was seen as a critical milestone, opening the asset class to a wider audience and fostering the creation of diverse investment products.

According to Hashdex’s forecast, 2024 was expected to see increased adoption of cryptocurrency assets, creating a window for investors to capitalize on the evolution of digital markets. A year on, we can see that this prediction has proven entirely accurate. 

Bruno Caratori: A Multifaceted Career

Bruno Caratori is the co-founder and COO of Hashdex, a pioneering company in crypto asset management. Before establishing Hashdex in 2018, his career journey included significant roles in finance, technology, and education.

He managed risk at Gávea Investimentos and worked at RiskControl, focusing on software solutions for financial markets.

Caratori later transitioned to the tech industry, heading product development at Edmodo, the largest educational social networking platform worldwide.

With an MBA from Stanford, a Master’s in Business Economics from EPGE/FGV, and an Electrical Engineering degree from PUC-Rio, his academic achievements are noteworthy.

Hashdex collaborated with Nasdaq to create the Nasdaq Crypto Index (NCI), a benchmark for the crypto market.

In 2021, the company launched the world’s first cryptocurrency index ETF, the Hashdex Nasdaq Crypto Index ETF (HNCI).

The Nasdaq Crypto Index is now reaching all-time highs. Source: Google Finance

Hashdex strives to make blockchain technology accessible to all while fostering innovation. Through initiatives like the Bitcoin Futures ETF and a strategic alliance with Tidal Investments LLC, the company expands opportunities for clients to invest in the cryptocurrency market.

Advocating for open blockchain networks, Hashdex works toward a more inclusive and accessible global economy.

The historic debut of Hashdex’s Bitcoin Futures ETF on the NYSE Source: hashdex.com