Quite cringe to see literally everyone celebrating a decision some American government agency made on a tradfi instrument that will allow more retail users get exposure to ETH.

Yes it is a win for legitimacy.

But, I wish the same enthusiasm was shown about any of the actual uses of crypto we promise to the world.

Founder of @rotkiapp🐦, the portfolio tracker that protects your privacy.

#Berlin. University of Tokyo graduate. Marathon runner. #ethereum developer. #birding

I'm not entirely sure how to feel about it tbh

I think some of the implications of the approval (especially the US government being less hostile to crypto) matter more than the ETFs themselves

That being said, I feel like FIT21 is a much stronger indicator of that trend in the US