“It is arduous to suppose how the election final result may have landed higher for the trade, and expectations of key regulatory enhancements are more likely to construct within the coming months and quarters,” David Lawant, head of analysis at crypto prime brokerage FalconX, mentioned in a Wednesday report. “Such readability may open room for extra crypto ETF merchandise, masking the primary crypto belongings and probably additionally a broader crypto index, and provides entrepreneurs and traders extra consolation in U.S. token launches.” Nonetheless, Lawant warned of short-term dangers in the mean time, which can embody “last-minute enforcement actions by departing officers.”
