Reported 3 months ago
The recent approval of Ethereum Exchange Traded Funds (ETFs) by the U.S. SEC has sparked a mix of excitement and skepticism in the crypto industry. While many view it as a landmark victory for cryptocurrencies, there are concerns about increased centralization and the potential for large financial institutions to dominate the space. The move could lead to greater education on self-custody among investors, ultimately challenging the traditional finance model, yet it also poses risks of relegating decentralized networks to the background in favor of profitability.
Source: YAHOO