Will the creation of spot exchange-traded funds (ETFs) and other investment products result in higher fees to use blockchains like Solana?
How are Solana’s fees calculated? Are they a percentage of a SOL?
I’ve read the docs, but it’s a little confusing.
Solana will be able to handle 1M TPS in the future and possibly even more. The NASDAQ does like 50K TPS. Even if they did have to directly hold underlying Solana assets, the fees is so small it’s negligible. They might spend $500 a year in fees. That’s a big maybe as well.
More than likely they’ll buy large chunks and hold it because you’re required to own the assets within the ETF, they’ll see how much of the market buys and sells. Then go from there. If they need more buy some more chunks and if they feel like they’re holding onto too much they let some go.