15 FiCAS Active Crypto ETP

As we enter November, the digital asset market stands on the brink of key shifts. The U.S. election could spark renewed interest in digital assets Market if Trump, popular among crypto supporters, gains momentum. Such a result may even bolster altcoin performance into early 2025. In contrast, a Harris win could steer investors toward Bitcoin’s stability, increasing its market share as sentiment shifts cautiously as the safe asset in crypto market.

Monetary policy will play a defining role, with a 25 basis point Fed rate cut widely expected this month, which may strengthen Bitcoin’s position as a preferred asset. While a year-end Bitcoin target of $100K remains ambitious, these developments point to continued resilience.

Institutional appetite for tokenized assets also continues to build, and XRP is potentially on track for an ETF listing. Regulatory pressures, however, loom, with the Treasury scrutinizing Tether’s ties to sanctioned entities—a reminder of the regulatory hurdles ahead for stablecoins in the U.S. market.