The views on ETF for crypto world's emperor Bitcoin and uncrowned king Ethereum have created a stir in the US market.
Gary remembers Satoshi on ETFs
Gary suddenly claimed that "Bitcoin Spot ETF was not what Satoshi Nakamoto wanted for BTC."
Everyone knows that SEC chief Gary Gensler, who was an attacker on crypto, never became an attacker on bitcoin. It is also known that ETFs can lead to the centralization of Bitcoin. At this time, Gary's concern about BTC and what Satoshi wanted has caused new controversies in the US market.
BlackRock made Ethereum the next target for ETFs
The Bitcoin Spot ETF was approved recently, but BlackRock CEO Larry Fink has raised the possibility of an Ethereum Spot ETF. BlackRock’s iShares Bitcoin Trust (IBIT) is also preparing for this. Since all the spot ETF firms are using Bitcoin for profit, they may also accept Ethereum.
Gary vs. Larry and BTC vs. ETH
Bitcoin Maximalists are busy with Halving, and Ethereum Maximalists are preparing for the Goerli Dencun upgrade. It doesn't seem from Gary's behaviour that he will allow Ethereum to spot ETF, but from Larry's behaviour, it seems that he has a strong intention. Therefore, the US market will see BTC and ETH stir now.
