The cryptocurrency industry has received multiple positive news: Harris's moderate attitude has aroused expectations, and ETF applications and reserve legislation are ready to go.
Recently, a series of exciting news came from the cryptocurrency field. SkyBridge founder Anthony Scaramucci's speech on the X platform has attracted widespread attention. He revealed that Vice President Harris is open to cryptocurrencies and may take a more moderate approach in policy. Scaramucci also optimistically stated that if Harris can exert influence in the crypto field, it will help promote bipartisan cooperation in cryptocurrencies and lay a solid foundation for the long-term development of the crypto ecosystem. Although he admitted that it may not be the best choice for the Biden administration to entrust Harris with the responsibility of financial services, he believes that the Democratic Party is not a monolithic entity, and Harris is expected to bring positive changes to cryptocurrencies.
At the same time, Hashdex also received good news. The company has officially submitted the S1 filing for index-based Bitcoin and Ethereum ETFs to the U.S. Securities and Exchange Commission (SEC), marking the further advancement of cryptocurrency ETFs in the U.S. market. The fund will not only cover Bitcoin and +Exchange Junyang: 954737157 Ethereum, but also reserve the flexibility to add more assets according to changes in the regulatory environment, providing investors with more diversified choices.
In addition, the cryptocurrency industry has also welcomed a heavyweight supporter - Republican Senator Cynthia Lummis of Wyoming. According to three informed crypto industry executives, Lummis plans to announce a legislative proposal on BTC strategic reserves at the upcoming Bitcoin Conference. Although the specific details have not yet been made public, it is initially understood that the bill aims to require the Federal Reserve to purchase and hold Bitcoin as a reserve asset to help stabilize the US monetary system and maintain the value of the US dollar in a similar way to managing gold and foreign currencies. Although Lummis's announcement plan may be adjusted, her positive hints on social media this week have made the market full of expectations.
This series of positive developments not only shows the increasing recognition of cryptocurrencies around the world, but also injects strong momentum into the future development of the industry.
