TechFlow news — Jan van Eck, CEO of global investment firm VanEck, believes the cryptocurrency industry should pay more attention to transaction fees rather than over-focusing on Bitcoin and Ethereum or their related ETFs. He pointed out that transaction fees on the Bitcoin and Ethereum blockchains are unstable, and therefore more attention should be given to affordable fees on networks like Solana or so-called Layer 2 (L2) solutions.
He also stated that an Ethereum ETF is unlikely to be approved by the May deadline, as the U.S. Securities and Exchange Commission has not responded to applications from potential issuers—unlike the approval process for Bitcoin ETFs.
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