By the way, all the transaction fees associated with Bitcoin ETFs do not exist on-chain and are captured by t…

7 comments · 2024-04-06T08:51:45+00:00

@frederic (Frederic Montagnon)

By the way, all the transaction fees associated with Bitcoin ETFs do not exist on-chain and are captured by traditional finance (TradFi). This results in pure value destruction for the protocol in the end. Do we really want that for ETH?