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Voting / Re: Hold ETH or invest in ERC-20 tokens?
« on: May 06, 2024, 12:25:34 AM »If an ETF for ethereum is approved, of course we will see a surge in ethereum. We know that ethereum is the second most popular coin after bitcoin, and has a large community. And until now it has always been number two in CMC after bitcoin, this is proof that ethereum has many fansYeah, ETH has always been the crypto queen, and while there have been no significant technological advancements since the switch to POS, the Ethereum community has continued to grow, and the ETH price has also recovered well over the past year. If ETH Spot ETFs are approved in the next few weeks, we could see strong growth in ETH and many ERC-20 tokens, and it could also be the catalyst to help the market break out of its re-accumulation phase and into a bull run.
However, the situation is not entirely optimistic as the SEC is still investigating the legal nature of ETH. I hope that large companies like BlackRock or Consensus can successfully challenge the SEC to protect ETH and ETH Spot ETFs.