Nansen analyst: Trump win may accelerate first pledged ethereum ETF to market
Donald Trump's victory in the U.S. presidential election could pave the way for a more diverse range of cryptocurrency financial products, according to Cointelegraph on Nov. 7.Nansen analyst Edward Wilson said the Trump administration could embrace more innovations in the cryptocurrency industry, including the launch of the first Pledged Ether ETF. Wilson said, “With the regulatory environment likely to be favorable to cryptocurrencies, we may even see the first Pledged Ether ETF approved early in this new administration's tenure, which would capitalize on ETH's strengths as an asset. If this happens, then ETH will be an exciting asset to watch.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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