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The future of crypto is not Bitcoin but Ethereum ETF, enhanced by staking and deflationary economics. This is underscored by the launch of a Bitcoin spot ETF, a significant milestone. But AVADO envisions an even more promising horizon with Ethereum-based ETFs.
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Within the Web3 community, speculators say the Bitcoin Spot ETF will be approved around January 10th 2024 to ‘teeth up’ ETH ETF as an even more interesting investment tool than the BTC ETF.
According to AVADO, a Swiss-based technology company specializing in blockchain and cryptocurrency solutions, Ethereum’s transition to a proof-of-stake model is a game-changer, offering environmentally sustainable blockchain operations and rewarding participant engagement through staking.
Moreover, Ethereum’s deflationary mechanism, where a portion of transaction fees are burned, inherently boosts its value over time. This unique combination of staking rewards and deflationary economics positions Ethereum ETFs as an innovative and potentially more lucrative investment opportunity, pointing to a new era in crypto investment, says AVADO founded in 2018 and offering user-friendly hardware and software for secure home and cloud staking on various blockchain networks.
