VanEck CEO: On chain transaction costs are more worth paying attention to than spot ETFs
2024-04-09 22:25:44
The CEO of VanEck stated that on chain transaction costs outside of Bitcoin and Ethereum ETFs are more worth paying attention to. He pointed out that the US Securities and Exchange Commission did not respond to the application, implying that the Ethereum ETF may not be approved before the May deadline. Van Eyck believes that the cryptocurrency industry should focus more on transaction costs rather than Bitcoin or Ethereum and its 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.
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