Trump Effect: A wave of cryptocurrency ETFs is coming. Which will be the chosen ones?
The shift in the economic policy of the United States, with the arrival of Donald Trump at the White House, could trigger a flood of cryptocurrency ETF applications that would revolutionize Wall Street.
After the emergence of bitcoin (BTC) and ether (ETH), the cryptocurrency of Ethereum, in the exchange-traded fund market, many "smaller" digital currencies are now on the radar to receive the same attention.
It would even go beyond spot ETFs, also encompassing options, index funds, and other financial products based on cryptocurrencies.
Trump has expressed his commitment to creating a more friendly regulatory environment for crypto assets. One of the central elements of his proposal is the creation of an advisory council tasked with formulating "a transparent regulatory guide for the benefit of the entire industry."
