
Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges.
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Distributed ledger technology can help solve longstanding challenges in US financial markets, the report said.
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Bitcoin exchange-traded funds now collectively manage approximately $104 billion, and are on track to surpass gold ETFs in net assets.
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The role would be the first-ever crypto-specific White House role and may report directly to Trump, Bloomberg reported.
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The crypto exchange is one of the big winners from the United States elections on Nov. 5.
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Democrat Ruben Gallego was leading in a race for Arizona’s Senate race, while Republican Sam Brown trailed in Nevada.
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Either Republicans or Democrats could have control of the House of Representatives in 2025, but a majority of lawmakers favoring crypto policies will still be in Congress.
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Jeff Hurd and Scott Perry, both in favor of FIT21, won close elections against their Democratic rivals for House seats in Colorado and Pennsylvania.
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The prediction market has listed contracts for betting on events including a prospective Trump impeachment.
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Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump’s Nov. 5 US election win.
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