With the recent election of Donald Trump, there is speculation that a more crypto-friendly regulator might replace the current SEC Chair, Gensler. This change could potentially benefit the cryptocurrency market, specifically Ether.
The new SEC chair may create opportunities for staking rewards to be included in spot Ether ETFs. This development could encourage more investment into ETFs, positively impacting the price of Ether.
The inclusion of staking rewards in ETFs could potentially boost inflows and drive up interest in Ether from the broader financial market. Having a regulator who is supportive of cryptocurrencies could also lead to more favorable policies for the crypto industry, aiding its growth and stability.
Source: cointelegraph.com ↗