[DeFi supporters reveal that the industry may face regulatory scrutiny in the long term] Golden Finance reported that recently, multiple Bitcoin ETFs have been approved, boosting institutional investors' interest in Bitcoin. However, the upcoming election may introduce regulatory changes, which may affect Bitcoin's growth, especially if the elected candidate is unfavorable to cryptocurrencies. For Ethereum, Nick Forster, founder of the DeFi Options platform, said that depending on the election results, the DeFi ecosystem may face regulatory scrutiny. He further explained that the current market volatility reflects traders' expectations of increased uncertainty.