♦️ 𝗧𝗿𝗼𝗻 𝗙𝗼𝘂𝗻𝗱𝗲𝗿 𝗦𝗮𝘆𝘀 $𝗘𝗧𝗛 𝗘𝗧𝗙𝘀 𝗪𝗼𝗻’𝘁 𝗚𝗲𝘁 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹 𝗶𝗻 𝗠𝗮𝘆 𝟮𝟬𝟮𝟰
Justin Sun, the popular entrepreneur who founded the Tron blockchain, has recently voiced his opinion on the Ethereum ETFs. As per Sun, the current scenario around the authorization of the Ethereum exchange-traded funds is not very optimistic and the authorities won’t approve them in May. The famous entrepreneur took to its official X account, saying that the crypto market still requires significant preparation.
📌 𝙈𝙮 𝙝𝙤𝙣𝙚𝙨𝙩 𝙤𝙥𝙞𝙣𝙞𝙤𝙣 (𝙉𝙁𝘼) 𝙞𝙨 𝙩𝙝𝙖𝙩 𝙖𝙣 𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢 𝙀𝙏𝙁 𝙬𝙤𝙣'𝙩 𝙗𝙚 𝙖𝙥𝙥𝙧𝙤𝙫𝙚𝙙 𝙞𝙣 𝙈𝙖𝙮. 𝙏𝙝𝙚 𝙘𝙧𝙮𝙥𝙩𝙤 𝙞𝙣𝙙𝙪𝙨𝙩𝙧𝙮 𝙨𝙩𝙞𝙡𝙡 𝙣𝙚𝙚𝙙𝙨 𝙩𝙤 𝙥𝙧𝙚𝙥𝙖𝙧𝙚 𝙛𝙤𝙧 𝙖 𝙡𝙤𝙣𝙜-𝙩𝙚𝙧𝙢 𝙚𝙙𝙪𝙘𝙖𝙩𝙞𝙤𝙣 𝙬𝙞𝙩𝙝 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙨, 𝙛𝙤𝙘𝙪𝙨𝙞𝙣𝙜 𝙤𝙣 𝙝𝙚𝙡𝙥𝙞𝙣𝙜 𝙩𝙝𝙚𝙢 𝙪𝙣𝙙𝙚𝙧𝙨𝙩𝙖𝙣𝙙 𝙘𝙧𝙮𝙥𝙩𝙤. 𝘽𝙪𝙩 𝙬𝙚'𝙫𝙚 𝙖𝙡𝙬𝙖𝙮𝙨 𝙗𝙚𝙚𝙣 𝙝𝙚𝙧𝙚, 𝙝𝙖𝙫𝙚𝙣'𝙩 𝙬𝙚? — 𝙃.𝙀. 𝙅𝙪𝙨𝙩𝙞𝙣 𝙎𝙪𝙣
🔺 𝗝𝘂𝘀𝘁𝗶𝗻 𝗦𝘂𝗻 𝗼𝗳 𝗧𝗿𝗼𝗻 𝗦𝗮𝘆𝘀 𝘁𝗵𝗲 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘀 𝗪𝗼𝗻’𝘁 𝗔𝗽𝗽𝗿𝗼𝘃𝗲 $𝗘𝗧𝗛 𝗘𝗧𝗙𝘀 𝗶𝗻 𝗠𝗮𝘆 𝗧𝗵𝗶𝘀 𝗬𝗲𝗮𝗿
In his recent post, Sun noted that several factors need the provision of proper information for the crypto market’s progress. Especially in the case of the regulatory landscape, he added, the industry has to spread adequate information concerning crypto. This would potentially contribute to enlightening the regulatory agencies for better decisions in the future.
While further explaining his point, the entrepreneur discussed the efforts of the crypto community members. He asserted that the entire industry has been endeavoring to make the regulators understand the potential of this sector. However, he made one thing clear the market is currently far from getting instant approval for the Ethereum ETFs.
🔺 𝗗𝗧𝗖𝗖’𝘀 𝗟𝗶𝘀𝘁𝗶𝗻𝗴 𝗼𝗳 𝗙𝗿𝗮𝗻𝗸𝗹𝗶𝗻 𝗧𝗲𝗺𝗽𝗹𝗲𝘁𝗼𝗻 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗗𝗼𝗲𝘀𝗻’𝘁 𝗘𝗻𝘀𝘂𝗿𝗲 𝘁𝗵𝗲 𝗘𝗧𝗙 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹 𝗯𝘆 𝘁𝗵𝗲 𝗦𝗘𝗖
