VanEck CEO: The crypto industry should pay more attention to on-chain transaction fees rather than Bitcoin and Ethereum ETFs

Jan van Eck, CEO of global investment firm VanEck, believes that the cryptocurrency industry should pay more attention to transaction fees rather than focusing too much on Bitcoin and Ethereum or their related ETFs. He pointed out that the transaction fees of the Bitcoin and Ethereum blockchains are unstable, so more attention should be paid to the transaction fees of Solana or various L2 networks. He also said that the Ethereum spot ETF is unlikely to be approved before the May deadline because, unlike the approval process for the Bitcoin spot ETF, the US SEC has not responded to the application of potential issuers. (CoinDesk)