Promises made by Donald Trump on the campaign trail could lead to major changes for the crypto industry in 2025.
The filing marks the latest bid to transform crypto investment vehicles amid growing exchange-traded product adoption.
Bitcoin enthusiasts meeting in El Salvador on Friday said a recent surge in the cryptocurrency's value since Donald Trump's U.S. election win has heightened their expectations the price will rise further and it will be adopted more broadly globally. Three years ago, President Nayib Bukele made El Salvador the first country in the world to establish Bitcoin as legal tender, alongside the U.S. dollar. The decision drew criticism from the International Monetary Fund, with whom the country is negotiating a $1.3 billion loan.
