While the full details are yet to emerge, the number of Bitcoiners in Trump’s inner circle – including D.O.G.E. head Elon Musk – suggest Trump could come good on his crypto election promises. Fostering a more accommodative approach to banking, self-custody, and digital assets could have massive global knock-on effects. The success of the Bitcoin ETFs did much to destigmatize Bitcoin amongst institutional investors; US government support would likely do the same thing amongst governments.