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🪙 Ethereum ETFs may capture only 15% of Bitcoin ETF assets, says Bloomberg analyst #Bloomberg Senior ETF Analyst Eric Balchunas tempered the excitement over spot Ethereum #exchange -traded funds (ETFs), suggesting they may attract only a fraction of the investments seen in #BitcoinETFs . On May 20, reports indicated a 75% chance that the US Securities and Exchange Commission (SEC) would approve an $ETH ETF, starkly contrasting the previous pessimism surrounding the financial instruments. #pizzaday #BTC

🪙 Ethereum ETFs may capture only 15% of Bitcoin ETF assets, says Bloomberg analyst

#Bloomberg Senior ETF Analyst Eric Balchunas tempered the excitement over spot Ethereum #exchange -traded funds (ETFs), suggesting they may attract only a fraction of the investments seen in #BitcoinETFs . On May 20, reports indicated a 75% chance that the US Securities and Exchange Commission (SEC) would approve an $ETH ETF, starkly contrasting the previous pessimism surrounding the financial instruments.

#pizzaday #BTC

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Terra LUNA & LUNC: 🌖 LUNC News: Terra Luna Classic Community Votes On Game Changing Proposal #LUNC✅ News: Terra Luna Classic proposal to implement Tax2Gas and remove the need for separating handling and calculation of tax. Tax2Gas will incorporate the tax into the gas and decrease complexities for dApp developers, as per a proposal by StrathCole and Genuine Labs. #TerraLunaClassic Starts Voting on Tax2Gas ProposalProposal 12115 “Genuine Labs Tax2Gas Implementation” is currently under governance voting on Station wallet. The proposal by Genuine Labs aims to proceed with incorporating tax into the gas and help prevent as much attack vectors as possible using e2e-test.At press time, the proposal has received 99.98% “Yes” votes and indicates the community’s acceptance to the Tax2Gas implementation. All validator who participated have voted in favor of the proposal. It received quick support from validators such as JESUSisLORD, StakeBin, Ninja Node, and others.As reported earlier, #Tax2GasProposal looks to resolve issues including contract developers’ need to calculate the tax manually. Moreover, clients or dApps have to calculate the tax themselves as the simulation endpoint only provides gas estimates. Migrating audited dApps becomes cumbersome due to these Classic-specific adjustments, leading to potential re-audits.Developers require 5 weeks for research, development, and basic testing and deployment. The estimated total budget is $25,000 in $LUNC #BTC . #BinanceTournament
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