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.

https://docs.solana.com/transaction_fees

  • GranPino@alien.topB
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    10 months ago

    ETF are the best ever if you are here for the money. It will also create legitimacy.

    Bad. It will probably increase speculation.

    Bad. It will create two layers of blockchain projects. Those with an ETF will increase significantly in market cap. And those without ETF will have it much more difficult to grow. And the winners will be chosen by wall street. Sure, some projects could attract enough attention to arrive at the top, and get their own ETF, but they will be based in what Wall Street considers desirable and it could be different of what us would like to see in a blockchain. Like maybe a Facebook crypto coin could be successful in that environment and that isn’t a good thing, in my opinion.

    Anyway, the first impact will be an influx of huge amount of money for sure.

    • yeahdixon@alien.topB
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      10 months ago

      investors would throw a lot more money at investment if there was a real option for an etf in the future