Trump win could fast-track first staked Ether ETF — Nansen analyst

More Ether-related ETFs could help ETH prices rise above the old all-time high of $4,800, recorded nearly three years ago.

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Donald Trump’s victory in the United States presidential election on Nov. 5 could pave the way for more diversified cryptocurrency financial products — specifically for the world’s second-largest cryptocurrency, Ether.

Trump won the presidential election held on Nov. 5, which is seen as a net positive for crypto regulations over the next four years.

A Trump administration will likely embrace more crypto industry innovation, including the debut of the first staked Ether (ETH) exchange-traded fund (ETF), according to Edward Wilson, an analyst at Nansen.

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