RATE Group | Ethereum (ETH) Founder, Vitalik Buterin, Says ETF Issues Overhyped
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Ethereum (ETH) Founder, Vitalik Buterin, Says ETF Issues Overhyped

Ethereum (ETH) Founder, Vitalik Buterin, Says ETF Issues Overhyped

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Ethereum Founder, Vitalik Buterin has stated that there has been unnecessary emphasis on Bitcoin and Ethereum ETFs, saying although the ETFs may help pump price, campaign for mass adoption should be given much emphasis because it has long-lasting effect on cryptocurrency.

Vitalik who’s of the opinion that stores need to start accepting cryptocurrency sees hope in the perspective than in the ETFs which is causing unnecessary havoc in the cryptocurrency space.

“I think there’s too much emphasis on BTC/ETH/whatever ETFs, and not enough emphasis on making it easier for people to buy $5 to $100 in cryptocurrency via cards at corner stores. The former is better for pumping price, but the latter is much better for actual adoption.”

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