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DeepNewz, mobile.
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The 2024 election is seeing a focus on crypto, with Biden and Trump potentially making it a mainstream issue. Biden's camp is under pressure to embrace crypto to win back support, with expectations of approving the ETH ETF to counter Trump's pro-crypto stance.
It's hard to believe this SEC would do us any favors like approving the spot ETH ETF. But policy is politics, and crypto has been winning the political battle for months. Maybe the Biden camp saw how many voters Trump could win with one pro-crypto comment and decided to pivot.
Democrats scrambling to make sure Biden gets re-elected by “embracing” crypto. Probably get an ETH ETF approval this year. It’s a bit too late though. Still voting for Trump.
I'm actually not that surprised to see this... crypto CANNOT become a wedge issue between the GOP and DEMs. Biden is losing the election rn and needs to win back any support he can. I expect the White House to push for approval of the Spot ETH ETF and to sign the pro-crypto… https://t.co/X5IGD70oDd