VanEck CEO: On-chain transaction fees are more worthy of attention than spot ETFs
VanEck CEO stated that the on-chain transaction fees beyond Bitcoin and Ethereum ETFs are more worthy of attention. He pointed out that the U.S. Securities and Exchange Commission has not responded to applications, implying that the Ethereum ETF may not be approved before the May deadline. VanEck believes that the cryptocurrency industry should pay more attention to transaction fees rather than Bitcoin or Ethereum and their related ETFs. He emphasized that new solutions such as Solana and Layer 2 offer lower and predictable costs, which are expected to drive application development.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
10x Research: Some token rebounds are spot-driven, and altcoins may outperform bitcoin in the future
The Indian government is significantly strengthening cryptocurrency enforcement training
Wintermute: Crypto Market Liquidity Exhibiting "Cyclical Reuse" Characteristics
Data: A trader paid over $6,000 in tips to buy 2.55 million DOYR, incurring a loss of $17,400.