Golden Finance reports that Bitwise Chief Investment Officer Matt Hougan stated, "Regardless of whether Trump or Harris wins, the regulatory environment for Bitcoin is improving. This is positive news for Bitcoin, and especially for other cryptocurrencies. Of course, in the short term, the crypto market is more inclined towards a Trump victory rather than a Harris win, but in reality, institutions are entering this space, adoption rates are rising, and ETF inflows are ongoing. I believe regulatory clarity is actually more important for so-called altcoins, such as Ethereum and lower market cap coins, which are more susceptible to regulatory risks. Therefore, if Trump wins, I expect the gains in altcoins will be greater than those in Bitcoin. But in any case, I believe both will rise."