The GraniteShares 1x Short COIN Daily ETF (CONI) rose to $10.20, up 4.08% as of 2:15 PM ET on November 21st, amid a surge in the cryptocurrency market driven by speculation around President-elect Donald Trump's potential crypto-friendly policies. Bitcoin is nearing the $100,000 mark, fueled by optimism that Trump's administration might implement regulations favorable to digital currencies. This sentiment is further bolstered by rumors of Trump's social media company planning to acquire the crypto trading platform Bakkt, signaling a strategic entry into the crypto market. Additionally, Coinbase, a major player in the crypto space, has seen its shares rise nearly 60% since the election, reflecting investor confidence in a more supportive regulatory environment. The anticipation of regulatory changes under Trump's presidency is injecting volatility into the markets, with investors closely monitoring potential shifts in trade tariffs and tax policies that could impact inflation and influence Federal Reserve decisions.