Since Trump’s re-election, Bitcoin and other altcoins like XRP and ADA have seen a price surge due to expectations of less strict cryptocurrency regulations. Several new ETF filings, including XRP and Solana, are expected in November, with many investors hoping that Trump’s favorable attitude toward cryptocurrencies will lead to laxer policies and more spot altcoin ETFs beyond Bitcoin and Ethereum.
Some issuers have been holding off until after the election, believing that many could see their ETFs pass under a Trump administration. With discussions swirling around the possible departure of SEC Chair Gary Gensler and an incoming crypto-friendly successor, the timing is ripe for such filings to take center stage.
Crypto prices have soared on Trump’s re-election, with spot XRP, Solana ETF hopes rekindled. Since Trump’s re-election, Bitcoin and other altcoins have surged on expectations of less strict cryptocurrency regulations during his administration.
