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Why Trump’s presidency could lead to the launch of more crypto ETFs
As spot Bitcoin exchange-traded funds (ETFs) mark their first anniversary and Ethereum ETFs reach the six-month milestone, the cryptocurrency market is gearing up for a potential wave of new offerings. With pro-crypto Donald Trump set to assume the presidency, market participants anticipate a friendlier regulatory environment that could pave the way for additional cryptocurrency ETFs. Trump’s public endorsement of Bitcoin has already had a noticeable impact. According to Nicholas Elward, head of institutional product and ETFs at Natixis Investment Managers, Trump’s stance has bolstered confidence in crypto ... (full story)