joins the show to discuss the beauty giant's impressive fourth-quarter earnings beat and his outlook on the company's growth trajectory.We're going to be breaking down the trends of the day that I move stocks tomorrow.We're going to be diving into the crypto clock is ticking the securities and exchange commission set to make its decision soon on a spot at the ETF we dive into the implication for the broader crypto market.
Um You know, especially just to your point knowing the pace at which the Bitcoin ETF uh you know, unfolded. So, you know, that Baton is now with the Senate, but whatever the catalysts may be, um you know, it's becoming clear that I think Congress wants to be on the right side of history here uh and have the us really be at the forefront of this, of this movement with, with, you know, innovations in finance and tech globally like we always have been.So, you know, whatever those catalysts are, I think everybody in the institutional crypto world is, is very surprised at how, how this has progressed.
Um But obviously, I think there are a lot of interested parties that now have the Rails needed to add Ethereum as, as a part of their portfolio.I think it's really the initiation of uh really a whole new class of investors becoming educated on the ecosystem. Um you know, over time and I do think we're gonna see a lot of capital come into the crypto crypto ecosystem as a result of this Ethereum spot ETF approval and Matt, I'll get you out of here on this.Um, I think, I think e will, will certainly challenge if not hit all time highs.My pleasure.
Sometimes you gap to a record high and that just means you open at a lower at a higher price than the day before and then you trend down.You can see we had one of these candles after it wasn't a record high, but it was a very similar situation.I don't want, I don't want to raise the alarm bells too soon because it depends on what happens tomorrow and the next day.
It goes into the architecture, you know, the backbone, you need wires to conduct uh to conduct electricity. But be that as it may, home buyers may rejoice at those slightly lower mortgage rates but not at the availability of homes for sale on the market. I'm gonna speak to the CEO of Elf beauty on the other side, we're asking for a trend still up beauty crossing over 1 billion in sales for the first time ever in its fiscal 2024 continuing trend of rapid growth.