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