VanEck: Bitcoin May Benefit More Under Harris Than Trump The election of Kamala Harris as US President could be more beneficial for Bitcoin than that of Donald Trump, according to a report by global asset manager VanEck. The report explains that "Just looking at Bitcoin, a Harris presidency could be incrementally more positive, as it may accelerate several structural tailwinds driving Bitcoin adoption. Bitcoin’s inherent regulatory clarity makes it much more competitive relative to other cryptocurrencies." In contrast, a Trump presidency would likely be more beneficial for the broader crypto industry, given the likelihood of continued deregulation and pro-business policies. The report continues by saying that "The impact of the US election on the crypto industry is far from straightforward. Both candidates are likely to continue, if not accelerate, the current pace of fiscal spending. This could lead to additional quantitative easing, particularly if anti-business policies exacerbate the situation." Overall, VanEck's report suggests that the outcome of the US election is likely to have a significant impact on the crypto industry. However, the exact nature of that impact is difficult to predict.