In the past few months, Cryptocurrency has become an important topic in election discussions, and the Harris team has also begun actively engaging with the encryption industry. Although Harris and her running mate Tim Walz have not made a clear statement, their team’s interactions with the encryption industry have become more frequent.
In contrast, Trump has always supported BTC and reiterated his position on multiple occasions. Last week, Republican presidential candidate Donald Trump said the United States should not sell its Cryptocurrency.
The incident began when BitGo announced plans to transfer control of the WBTC product to a joint venture with BiT Global. BiT Global, controlled by Justin Sun, is preparing to dump WBTC due to market distrust of Justin Sun. This has prompted institutions like MakerDAO to consider closing new WBTC lending measures.
According to the latest weekly report from CoinShares, the net inflow of digital asset investment products last week was $176 million. Ethereum attracted a capital inflow of $155 million, reaching the highest level since 2021.