Quote from: yazher on February 07, 2024, 11:20:22 AM

Quote from: Bounty Bro on February 03, 2024, 01:50:54 AM

Ethereum is up to be next to be a confirmed ETF applicant.
It will be an important milestone for Ethereum to compete against Bitcoin because Bitcoin is already approved.
If Ethereum wants to stay close to Bitcoin, it should hurry up to get an ETF approved.

If they can manage to get the approval this year then they become the second most recommended investment in cryptocurrencies these days because that would make their project trustworthy to the investors and after that, surely there will be lots of companies will adopt and implement ETH to their company as they see some genuine business and potential profit with it. All the owner needs to do this time is to make it serious when it comes to the approval of ETH and not make any serious update yet in order to make ETH still at the top whenever plan A fails and despite that, they will gonna announce whatever innovative plans they have to cover their failure.

I would say that it would be quite difficult to handle something like that, it has to be something that will be very hard to handle, and it should not really be all that easy to make that work. I get that we are still dealing with BTC and that makes people question the possibility of this but that doesn't mean that we are not going to end up with anything like ETH because ETF of it would still be possible and should be something that will benefit everyone.

I think it has to be something that will benefit everyone. The more the merrier, we need more ETF's in the market, for btc and for eth and whatever else to be fair. It would mean that we are going to get a lot more people to invest into something that would be helping us.