$XRP (XRP.CC)$ With crypto-friendly Trump returning to the W...

$XRP (XRP.CC)$ （New York, 26th）With the crypto-friendly Trump returning to the White House, in this $3.2 trillion industry (about 14.27 trillion ringgit), Wall Street is preparing to launch a new generation of risk products, catering to all types of investors from institutional novices to stubborn retail investors.

Some cryptocurrency-related exchange-traded funds (ETFs) that simply track bitcoin have attracted billions of dollars since the election.

Catering to various tastes

Now, as the digital asset supporter Trump is about to begin his second term as President of the United States, executives and lawyers involved in ETFs say they are devising strategies to cater to various tastes.

The products they describe include both defensively oriented ETFs for professional fund managers curious about cryptocurrencies, as well as comprehensive speculative bets for self-proclaimed fallen gamblers.

Industry investors and lawyers say that higher-risk cryptocurrency ETFs may focus on various digital tokens, sometimes using leverage, options, or algo strategies.

They expect that under the Trump administration, the U.S. Securities and Exchange Commission (SEC) will be more accepting of new products than under Biden's administration.

The new government has a high approval rate.

"SEC may welcome new leadership, the ETF industry is entering the 'Wild West' era, new cryptocurrency-linked ETFs and increasingly complex leveraged and inverse products are expected to lead the trend," said Isa Hunter, head of the law firm Kelley Hunt, whose focus is often on ETFs.

Several digital asset companies have applied to the SEC to launch ETFs tracking cryptocurrencies such as Solana, XRP, and Litecoin.

Under the leadership of Gary Gensler at the SEC, their chances of approval are slim, but under the leadership of the new government, their odds are higher.

Chris Newhouse, research director at digital asset risk fund Cumberland Labs, said tokens such as Aave, Uniswap, and Maker are also preparing for ETF products.