ChainCatcher news, Dragonfly partner Haseeb Qureshi posted that Biden may soften his stance on cryptocurrency before the election to avoid losing votes in a heated campaign. The approval of the ETF is the first sign of this change, and other institutions are expected to relax their policies in the coming months.

ChainCatcher news, cryptocurrency risk fund Dragonfly partner Haseeb posted on X that his team decided to abandon the investment in the Eclipse project after hearing rumors about Neel Somani's history of sexual harassment during their due diligence.Haseeb stated: "We believe that if we can hear such rumors, actual investors should also be aware. A founder's mistakes may be forgivable, but the long-term pattern of reported misconduct is intolerable. Nevertheless, it is embarrassing that such a person has received funding and conducted millions of dollars in secondary market trades before the token launch."