Traders work on the floor of the New York Stock Exchange on July 22, 2024 in New York City.This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribeas automotive sales declined for the second consecutive quarter.
Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are., it can't go unnoticed that the Biden administration has enabled investors to trade bitcoin and ether through an increasing number of exchange-traded funds."We think it'll be about 20% as many flows will go into the ether ETF in the first six months that went into bitcoin ," Mike Novogratz, CEO of Galaxy Digital, said in a "Squawk Box" interview.