Recently, a number of Bitcoin ETFs have been approved, boosting institutional investor interest in Bitcoin, the network reported.。However, the upcoming election could introduce regulatory changes that could affect bitcoin's growth, especially if the elected candidate is unfavorable to the cryptocurrency.。For Ethereum, DeFi Options platform founder Nick Forster said the DeFi ecosystem could face regulatory scrutiny based on the election results.。He further explained that the current market volatility reflects traders' expectations of increased uncertainty.。