Cryptonicorn

Ride the Crypto Wave

Opinion of Nerayoff and crypto experts

Earlier, the expert provided Bitcoinist with alleged evidence of support by key figures of the Ethereum project for the course of centralization of the network. Notably, his conclusions echo the opinion of TruthLabs analysts.

Those pointed out that the CCP supposedly controls a share of 66.6% of the entire Ethereum offering. The organization’s experts are also confident that Prometheum is actually managed by the PRC authorities.

Nerayoff believes that Gary Gensler “can’t afford” to reject applications for spot Ethereum-ETFs, hinting at some “consequences” for the Commission chairman.

Earlier we reported that Franklin Templeton had filed an application to register an exchange-traded fund from this category.

Experts disagree on the likelihood of spot Ethereum-ETFs being approved in 2024. Standard Chartered Bank said it will probably happen in May 2024.


Michael Altman