Embodiments of this application provide a video processing method and an electronic device. The method includes: The electronic device displays a first interface. In response to a tap operation performed by a user on a first option on the first interface, the electronic device displays a second interface. In response to a first operation performed by the user on a first control on the second interface, the electronic device generates a first finished video. The electronic device displays a third interface. In response to a tap operation performed by the user on the first option on the third interface, the electronic device displays a fourth interface. In response to the first operation performed by the user on the first control on the fourth interface, the electronic device generates a second finished video. The first finished video and the second finished video have different video effects.