The Ether ETF approval in the U.S. has sparked both investor excitement and decentralization debate.
While the community celebrates the approval of spot Ether exchange-traded funds (ETFs) in the United States, one industry executive has criticized the centralized nature of these products.
The emergence of cryptocurrencies like Bitcoin (BTC) and Ether (ETH) has revolutionized finance and removed the need for intermediaries, allowing the transfer of funds without relying on a central authority.
On the other hand, with the introduction of ETFs, cryptocurrencies are at risk of becoming less centralized, according to Avantgarde Finance founder Mona El Isa.
