The launch of the new spot Bitcoin ( BTC 1.13%) exchange-traded funds (ETFs) in January has arguably been the biggest story in the crypto market this year. These ETFs have powered Bitcoin to new all-time highs, with Bitcoin now close to breaking through the $100,000 level.

With a crypto-friendly commander-in-chief returning to the White House, Wall Street is ready to unleash a new generation of speculative products across the $3.2 trillion industry to sate investor appetite — from institutional newbies to die-hard retail traders.

Incoming administration’s cheerleading, Gensler departure, opens door to smaller currencies like Polygon and Algorand, experts says.