The Ethereum ETF is turning cut throat. We see this in the fees.
In this video I discuss how we are dealing with people who are most likely HODLers based upon what type of accounts are buying these ETFs. Thus, the fees, are crucial to the return people ultimately get.
Here is the article mentioned in the video:
https://www.cryptopolitan.com/spot-ethereum-etf-issues-fee-free-frenzy/
▶️ 3Speak
I have some eth on a platform called Instadapp.
Fee to upgrade to their v2 was $3,500
Made a query witheir discord. They never sorted it out.
But proceeded with the upgrade, and denied me my airdrop.
Now I can't get the funds off their platform, and they blocked my discord and all other avenues.
It five figure sum.
These people manage three billion.
Gas fees are evil 😈
I am familiar with the high ETH fees, but I didn't expect them to be high for the ETFs as well. I thought it will be low since people aren't really buying/getting the actual ETH from the company. But I guess it might have cost the companies a lot of fees to get these ETH, so they're trying to recoup them as well.
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