Crypto and the 2024 Election

The biggest story in markets this week is the sudden reversal by the SEC on approving Ethereum ETFs. The ETFs (and crypto as a whole) have abruptly become a very important political issue that might actually move the needle come November. These latest actions are giving a very clear signal about the outcome of the election and what both political parties are currently thinking. Let’s dive in.

(My personal views on politics are as unbiased as you will find. I don’t care about Trump or Biden. I don’t care about Republicans or Democrats. I care about the country and how political decisions will affect normal Americans and markets.)