Presidential Election 2024: ETFs, Solana, XRP, and the Impact of Kamala Harris
Monday, 21 October 2024, 18:51
Presidential Election 2024 and Its Implications for ETFs
The upcoming election could seal the fate of crypto ETFs. With Kamala Harris as a potential candidate for president, the prospects for expanding crypto ETF inclusions remain bleak. Experts point to stringent regulations that may slow innovation in the sector.
Current ETF Landscape
- Only Bitcoin and Ether have gained ETF approval.
- Solana and XRP are on the sidelines due to regulatory issues.
This election may lead to further restrictions on crypto investments, especially if Harris advocates for tighter controls.”
Future Predictions
- Investor sentiment may shift significantly depending on the election results.
- Increased scrutiny could stifle growth in blockchain-based ETFs.
Investors must remain vigilant and prepared for potential changes post-election.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.