Web3 is built upon a few key premises, the most important of which tend to gravitate around greater decentralization, transparency, and self-ownership.

𝐖𝐡𝐲 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐚𝐫𝐞 𝐊𝐞𝐲 𝐢𝐧 𝐖𝐞𝐛3

Web3 communities thrive on trust, transparency, and shared goals. That's why it is critical to establish clear communication channels and foster meaningful interactions, that build trust between members.

𝐇𝐨𝐰 𝐝𝐨𝐞𝐬 𝐛𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐞 𝐚𝐬 𝐞𝐧𝐚𝐛𝐥𝐢𝐧𝐠 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲.

Blockchain technology enables the fruition of Web3's fundamental promises, epitomized through cryptocurrencies - the proud poster child of blockchain and Web3.

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But what happens next? Here are 3 things you need to know about this game-changing development:

1/ Hold Your Bags - Trading won't kick off right away! While the SEC has approved the 19b-4 filing, there's still an S-1 process to go through. According to Bloomberg's sharp analyst James Seyfartt, we might have to wait a few weeks or more before the trading starts.
2/ Spot #Bitcoin vs #Ethereum ETFs - Why did Bitcoin start trading immediately after approval, but Ethereum needs some time? It's all about the SEC's process. With Bitcoin, the S-1 filing was already in place before approval, allowing for a swift launch. However, Ethereum's approval process only began recently, causing a slight delay.
3/ Buckle Up for a Wild Ride - Brace yourself for some volatility with the Spot #Ethereum ETF! Galaxy Digital forecasts a listing on exchanges in July or August. The intricate DApps ecosystem on Ethereum could extend the approval timeline, making this ETF riskier than its Bitcoin counterpart.
The complexity of DApps might be the reason behind the lengthy S-1 process. 🌟Get ready for an exciting journey with the Spot #Ethereum ETF - the future is bright, but it might take a little longer to arrive! 🌈💰
#ETHETFsApproved #CryptoRevolution" #Ethereum #Crypto $ETH