According to The Block, Wall Street investment bank Bernstein recently stated in an investor memo that "The cryptocurrency community is seeking political clarity and follow-through on cryptocurrency policy to pivot U.S. Democratic presidential candidate VP Kamala Harris." Bernstein also pointed out that "Harris mentioned her support for 'digital assets' at an event over the weekend, marking her first political comment on issues related to cryptocurrency." However, a win by Republican presidential candidate and former President Donald Trump could lead to clearer regulations and support, which would be more optimistic for market sentiment. Regardless of the election results, the institutional momentum behind the cryptocurrency spot ETFs currently being traded is expected to continue, and inflows are expected to accelerate as more major wirehouses support the ETFs. The Bitcoin uptrend is projected to persist, with the Federal Reserve's recent resumption of quantitative easing policy, concerns about government sales, Mt. Gox sales, and mining restructuring concerns behind us.