Chainlink co-founder expects ETF narrative to play into other coins

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Cryptocurrencies News

Chainlink

Sergey Nazarov, co-founder of blockchain oracle platform Chainlink, gave his opinion on the future of the crypto ecosystem on Friday, expecting more ETFs representing other cryptocurrencies to launch this year.

Chainlink co-founder Sergey Nazarov said ETF dynamic would continue growing as he expects other crypto coins to have ETFs. Apart from Ethereum, Bitcoin forks could see quick ETF approval. Nazarov also expects real-world assets to bring synergy between TradFi and Web3. Sergey Nazarov, co-founder of blockchain oracle platform Chainlink, gave his opinion on the future of the crypto ecosystem on Friday, expecting moreETFs representing other cryptocurrencies to launch this year.

He further mentioned that the ETF landscape is expected to just grow and grow and grow. Read more:Bitcoin ETF success could see Ethereum alternative soon, says Jim Cramer Apart from Ethereum, crypto community members have previously stated that there may be a chance for Bitcoin forks like Litecoin and Dogecoin to see ETF approval. This is because their respective blockchains function similarly to Bitcoin, which has already been approved by the US Securities & Exchange Commission .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spot Ethereum ETF approval has 'no positive signs,' says ETF expertBloomberg Senior ETF Analyst Eric Balchunas believes that the odds of an ether ETF garnering approval are 'a very pessimistic 25%.'
Source: TheBlock__ - 🏆 464. / 53 Read more »

Grayscale CLO believes spot ether ETFs 'should be approved'Craig Salm believes a highly anticipated spot ether ETF 'should be approved,' citing bitcoin ETF similarities.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Bitwise files with SEC for spot Ether ETF listingAlready listing shares from an approved spot Bitcoin ETF and Ether futures ETF, Bitwise applied with the SEC for a spot Ether ETF on NYSE Arca.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Avalanche and Chainlink collaborate on Australasian on-chain asset settlementANZ and Chainlink collaborate to leverage Avalanche and Ethereum networks for seamless tokenized asset settlement, aiming to revolutionize financial workflows.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Cryptocurrencies Price Prediction: Ripple, Chainlink & BitcoinXRP price trades above the key $0.60 psychological level on Friday, holding on its recent gains as the Securities and Exchange Commission (SEC) is expected to file its remedies-related opening brief in the Ripple lawsuit.
Source: FXStreetNews - 🏆 14. / 72 Read more »