Nansen analyst: Trump's victory may accelerate the listing of the first Ethereum ETF
2024-11-07 13:30:06
Odaily News Trump's victory in the US presidential election could pave the way for more diverse cryptocurrency financial products. Nansen analyst Edward Wilson said the Trump administration is likely to embrace more innovations in the cryptocurrency industry, including the launch of the first staking Ethereum ETF. Wilson said: "Because the regulatory environment may be favorable to cryptocurrencies, we may even see the first staking Ethereum ETF approved early in this new administration, which will take full advantage of ETH as an asset. If this happens, then ETH will become an exciting asset to watch." (Cointelegraph)
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