According to Farside Investors, Trump's pro-crypto policies could negatively impact the UK's crypto industry unless the FCA acts. The US is likely to approve in-kind Bitcoin ETFs, Ethereum staking ETFs, multi-coin ETFs, and crypto perpetual swaps for US investors, potentially causing a crypto business exodus from the UK. (Source: Farside Investors)

According to Farside Investors, Trump's pro-crypto policies might adversely affect the UK's crypto industry unless the Financial Conduct Authority (FCA) intervenes. The anticipated approval of in-kind Bitcoin ETFs, Ethereum staking ETFs, multi-coin ETFs, and crypto perpetual swaps in the US could lead to a potential exodus of crypto businesses from the UK and possibly Dubai, as US-based investors are offered more favorable trading instruments (source: Farside Investors).