These crypto ETFs are ‘call options’ on the US elections — TradingView News
The United States presidential election on Nov. 5 could determine the fate of more than half a dozen proposed cryptocurrency exchange-traded funds (ETFs) waiting on a green light from regulators.
In 2024, asset managers submitted a flurry of regulatory filings to list ETFs holding altcoins, including Solana SOLUSD, XRP XRPUSD, and Litecoin LTCUSD, among others.
Issuers are also waiting on approval for several planned crypto index ETFs designed to hold diverse baskets of tokens.
In effect, these filings are “call options on a Trump victory” in the US presidential race, Eric Balchunas, an ETF analyst at Bloomberg Intelligence, said on Oct. 25.
The election pits Republican nominee Donald Trump — who has said he wants to make America…