‘Market will decide’ on post-Merge Ethereum ETPs, says crypto executive

, the Merge poses an impact on Ethereum-based ETPs: The underlying asset in default physical Ethereum ETPs will no longer be based on PoW, but some ETH ETP investors might want to have exposure to such an asset.

ETC Group sees the Merge as a positive development as it supports a greener PoS consensus mechanism, the founder noted, adding that the firm is very market-driven in their outlook: Duke noted that launching a new ETP is not the only option to distribute hard fork proceeds for investors, as the firm could also just sell ETHW tokens following the hard fork. However, launching the new ETP appeared to be a better option for ETC Group because some investors might not want to sell it right away, he said.

coindanslecoin Done

coindanslecoin No its garbage

coindanslecoin It is not wanted or needed. One of the main reasons ETH is being upgraded is to get away from POW. Expect a lot of volatility in ETHPOW.

🚀 Thnks a millon.

🚀 Thnks a millon.

coindanslecoin This MUST go viral 🔥

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Biggest Movers: ETC Trading Below $40.00 Ahead of Thursday's Merge Event – Market Updates Bitcoin NewsEthereum classic rebounded on Wednesday, following three consecutive days of declines. Solana also dropped, falling to a one-week low. It is not clear at all what exactly will happen after the merge. piyasa aldı başını gidiyor tabiki Bull trap
Herkunft: BTCTN - 🏆 531. / 51 Weiterlesen »