WHY Did This MASSIVE Fund Exit The Spot ETH ETF?
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- Опубліковано 5 лип 2024
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A major fund scraps its ETH ETF, today we cover why they did it and also some other bullish Ethereum news. Along with Vitalik Buterin making a donation to the Tornado Cash legal defence fund. Plus we also take a look at some of the stats around whether or not we are still early in Bitcoin.
00:00 Intro
00:31 ARK Invest Spot ETFs
02:41 Bullish Ethereum News
03:07 Vitalik Tornado Cash Donation
03:49 Is Bitcoin Still Early?
#Bitcoin #Ethereum #Crytpo #cryptonews #cryptocurrency
Do you think we're still early? 🤔
Early indeed!
considering that most ppl don't know to save or Invest , Yes We Early
I feel a big chunk of retail wallets left and we are yet to see both their return and the influx of new retailers. How do we measure that? new wallets is a bit meaningless as one person can have multiple wallets...what is the best metrics of adoption?
for KAS.
Yes, i feel like we are really early. We still don't know what coins will actually succeed and which protocols will be around 10 years from now.
I think we are still early. The market cap is still not as high as gold.
Absolutely amazing! Keep on going, guys! Very, very good work!
Great job Heidi!!
Video on steaming money plz
@CryptoTips Can you make a video that explains the 'Streaming Money' concept?
Last cycle in 2020 was still early ..
Spry for my ignorance, but can we do stake on Binance and Kucoin for example?
why not? just i would imagine logically not with the same money
Can you look at doing some work on the AVAX C-Chain please!
Cen you help me how to join
ETH became just another shipcoin. Centralized junk. Unless they just announce itself as a company with a prospectus etc.
One word...VOLUME.... We are in Sept and November 2020
lol Y2K , I had to have a back up generator set up for my nightclub incase the power went down..
Ark don't have the money like Blackrock does
Awesome!!! 😊😊😊
Thanks! 😄
3:25 isn't that ethereum classic? ... :D
3:28 I would have thought pointing to gun manufacturers and the NRA would be enough to shut down the logic that makers can be held accountable for how their wares are sometimes put to use in negative ways.
😂😂😂
withdrawn for lower prices I went into cash half hour ago
we are not early, but we are not late. we are in the middle.
Without allowing ETH ETFs to stake the ETH and pass the yield on to the share holders, an ETH ETF doesn't make much sense. Maybe Ark is waiting for this to change or they may be working on another product that can utilize the staking?
This is true and certainly possible, maybe they are looking at it from perspective that the ETFs wont have same demand as Bitcoin without staking. Maybe they will re-file to include staking, after election? I do think ETH looks like a very good buy. Will be hard to get hold off on exchanges soon once EL mainnet goes live.
@@Milli_G3N What's "EL mainnet"?
Eth is life!❤
Thanks man, extra 0.9 ETH in the bag ;)
Bitcoin and Ethereum we are not early😊
We are early!
Bitcoin is a "public good".
Maybe I'm using it wrong? Cause I'm getting real small amounts, like 50 dollars when it succeeds.
Excellent logic!
Criminals use them too!
I've lost all faith in Cathy woods. Her ridiculous price targets for BTC and ETH and then to pull out of the ETH Etf, how does that make sense? Not to mention her overtrading style of investing. Good luck with all that. No longer a fan
She's controlled opposition. A real Snake in the grass. Pay close attention. She's absolutely nothing, but somehow is propped up by every channel of the media.
stick to BTC POW
10 yrs early
We are so early
Yes we are early ❤🎉😊
all i know is these hedge funds will have their ass handed to them because Meem coins are tearing it up.
ETH Etf with no staking yield is so-so.
Anyone getting in now is not early, you had to be in before the richest guy in rhe world bought, & before saylor & blackrock bought too
I disagree
Crypto market is shit at the moment, but uniswap staking pool is a life saver
Technically first!
you are Early !
When you have a BTC ETF, you can put it in a Roth IRA that is tax-free when you cash out 😉
Because Bitcoin is digital gold... Ethereum is just a company
Your 100% right!
They got out because they had to remove staking there is no point for eth spot when Eth is a dinosaur compared to SOL!
Sol crashing all the time doesn’t make you nervous?
Ark is gonna stake thier ETH and advertise guaranteed yield... just a guess.
Def early
hEY hEIDI ! Are you getting old ? :) Keep up the good work! VEry Informative!
Arsehole. What a species we are!
For Kaspa we are very early.
2040 Dad why aren’t we rich?, because I didn’t bought bitcoin , I bought Ethereum and other cryptos.
I was young and I believed in crypto people.
FUNNY cause at 2040 nobody will find it profitable to mine Bitcoin any more, the Blockchain will be dead and the only way to have Bitcoin will be the WBTC circulating in the network of Ethereum
Still early
were still early, But No one is putting in $100 and becomign a millionaire!.
Think of it like this. over the course of a 10 year period, you should avg around 11-13% gains on your btc, and on top of that it will also keep up with inflation, so really around 14-15% avg returns over a 10 year period. pretty good if you ask me.
btc is not a get rich quick scheme, those days have been done since 2015
BTC Only there is No second Best!
Vitalik equal to CEO, POS and foundation tells me ETH is a security
Ethereum is community run smart ass! Do you see ETH as a security? No, it's a commodity. Face up to reality. Bitcoin lies failed.
Just asking for a friend… Was Heidi even born yet in 1999?
Yes
I always found Ark and Cathy Wood are given way too much credibility, she says one thing - dies hard on Bitcoin ,then sells Bitcoin out of her ETF , they are certainly not the bellwether in Crypto
She's a shill and a grifter. A false idol to most.
Hello! Don't bull***t us with ETH! They are centralized and inflationary!
Nasty,Arab been in the sand.😂😂
ETH is less inflationary than BTC and more decentralized.
@@davycrockett8886 First get over your prejudice on everything, before you talk about anything.
@@davycrockett8886Let’s debate that claim… I will start. There are 120 million ETH and 70 million were premined and given/sold to the founders/early investors.
Your turn… how is that more decentralized than bitcoin?
Solo eth staker here, running my own node from him, and there’s hundreds of thousands of us. Sorry, we’re pretty decentralized. Bitcoin mining on the other hand is becoming more and more centralized as larger entities take over the mining industry
Crypto ETF’s are being shorted because they are garbage
100%
All crypto is centralized...Just in a different way.
Ethereum is the most decentralized blockchain. Bitcoin is run by a bunch of pools and corporate miners.
Honestly… where do you people get this nonsense from?
First… they are pools of miners who can point their ASICs to a different pool anytime they want.
Second… nodes have all the power over consensus and node runners are as decentralized as it gets.
Third… there are 120 million ETH. 70 million were premined and given/sold to founders/investors. You think that is decentralized?
Fourth… with the switch to proof of stake, it ensures that those whales will gradually gain a larger and larger percentage of the pie as they are selected as validators more often since they own more coins. This makes ETH centralized city.
Fifth… having more coins gives you no extra power in bitcoin.
Educate yourself…
@@chingron Firstly the BTC pool's are KYCed, secondly most of the ASICS are run and owned by the same people, thirdly the Bitcoin pre-mainstream mine made way more for Satoshi than the so called pre-mine did for Vitalik. Fourthly a Chinese company (I think Bitmain?) basically controls the production of all ASICS, fifth you need access to a lot of capital and cheap electricity to be affective and the halving will just force Bitcoin to be ever more centralised. Sixthly there is basically one software client running the Bitcoin show. Seventhly Satoshi basically developed Bitcoin himself whereas Ethereum has had many people contributing.
@@chingron One of the worst things about Bitcoin is that if you attack it with a 51% attack there is nearly no way of getting out of it. Plus it costs 10x less to attack Bitcoin than Ethereum.
@@chingron PoS doesn't make Ethereum more centralised. ANYONE can stake thus keeping the same share as the whales. 😂
@@davycrockett8886 Yes. Anyone can stake. And larger stakers get selected as the validator more often since they own more coins. This means they are receiving a greater percentage of the rewards. That compounds over time giving them a greater percentage of the whole pie, and therefore, more power over the network.
That is how it works my friend… anyone who tells you otherwise is lying to you.
No staking rewards, makes a spot ETH ETF subpar...........
very early
You gave NO numbers.... That did not make any sense..
have u never seen how centralized pool mining is on bitcoin? i many not be a whale but have managed to build a little over 32 ETH and become a validator. There are thousands like me who are somewhat smaller than i am and effectively are eth validators. only the biggest boys can be bitcoin miners. ETH is more decentralized than bitcoin in many ways.
We covered it in a recent video "Bitcoin is Centralized" 😊👍
No it isn’t…
First of all, miners have virtually no consensus power. That power lies with the node runners, and those are as decentralized as it gets.
Second… there are 120 million ETH, 70 million of which were premined and then given/sold to early investors. How exactly is that more decentralized than Bitcoin? Not to mention that the switch to proof of stake ensures that those early whales will gradually gain a bigger percentage of the pie since they will be selected as validators more often than you since they own more coins than you.
I can understand some small shrimp not understanding this… but as a ETH validator yourself, I would expect you were educated enough about it to understand this. ETH is as centralized as it gets and it will only get more centralized… unless the whales start dumping it for SOL, which is a possibility as SOL is likely to flip ETH this cycle.
And no… I am not a fan of SOL, but that is the trajectory we are headed in. If you were smart, you would dump your ETH for SOL.
Again… not a fan of SOL. I’m a bitcoin maxi.
This channel is so bad! What about kucoin and telling people to take asset out ! Kucoin is still going strong ! You should be cancelled for false information!
Xrp is better
Video on steaming money plz
Can you look at doing some work on the AVAX C-Chain please!