I think there's too much emphasis on BTC/ETH/whatever ETFs, and not enough emphasis on making it easier for people to buy $5 to $100 in cryptocurrency via cards at corner stores. The former is better for pumping price, but the latter is much better for actual adoption
Ethereum co-founder Vitalik Buterin argued this week that the ETF noise was receiving too much attention, and that actual consumer adoption in terms of purchasing and earning in even small amounts of cryptocurrency was “much better
Bitcoin’s price had remained relatively steady over the weekend, after briefly dipping below $8,000 after the news that the U.S. Securities and Exchange Commission (SEC) had again rejected an exchange-traded fund (ETF) application by Cameron and Tyler Winklevoss.
However, the SEC also recently postponed a decision on an ETF application by investment firm Direxion until September, and other applicants are still awaiting a decision from the U.S. regulator
falling almost 1 percent over a 24 hour period to trade at around $8,110 by press time.