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
Sui crypto surges 14% – Why traders must watch $1.05 closely
Japanese Yen: Policy delay risks weakness against US Dollar - Commerzbank
IMF: Global debt will exceed GDP in 2029
The latest forecast from the IMF shows that global public debt will exceed 100% of GDP by 2029, two years earlier than previously expected. The IMF Managing Director issued a rare warning, specifically naming the United States’ debt path as “unsustainable” and pointing out that fiscal consolidation in various countries is seriously lagging. What's even more dangerous is that persistent inflation may force the Federal Reserve to continue raising interest rates, increasing financing costs and creating a vicious cycle of "high debt—high interest rates—even higher debt."
Crypto prices
More
