What The US Election Means For The Future Of Crypto ETFs
Posted On November 5, 2024
ETF Store President Nate Geraci suggested that the outcome of the U.S. election could significantly affect the ETF industry, particularly for crypto-related products.
What Happened: Geraci opined in a blog post for etf.com on Tuesday that, the new administration and Congress will influence key regulatory roles, including the appointment of the SEC chair, which could steer ETF developments.
He identifies three focal areas: crypto ETFs, share class structure and ETF taxation. While the SEC has recently approved spot Bitcoin and Ether ETFs, further crypto innovation under a Kamala Harris-led administration …