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The latest issue of "The Fetcch Newsletter" is live! This week we cover: • Interoperability Space Updates • A deep dive on "Why does BTC crash right after halving?" • What we "Fetcch-ed" this week? and much more... 5 mins read. Here's the link: fetcch.beehiiv.com/p/why-bit…

Ethereum ETF cancelled? Many industry leaders are bearish on the approval of spot Ethereum ETF. But what went wrong? Let's find out 🧵 The approval of Ethereum ETFs has been a hot topic But the approval prospects have dimmed Primarily due to increased scrutiny and regulatory actions by the SEC. Here are possible reasons: ------------------------------------------ 1. SEC's Crypto Crackdown: Unlike Bitcoin, the official regulatory position regarding whether Ethereum is a security is not as clear. That’s made things harder for ETH investors. Here's what VanEck CEO @JanvanEck3 said at the Paris Blockchain Week: ----------------------------------------------- 2. Regulatory Scrutiny The SEC is scrutinizing products and services more closely making it harder for Ethereum ETFs to meet regulatory requirements. -------------------------------------------- 3. Investor Protection In PoS, blocks are confirmed not by miners but by stakers People holding large amounts of the native token. This means -- large shareholders decide how a business works and get rewarded for their investments. ----------------------------------------------- Question for you: Will Ethereum ETFs get approved? Let us know in the comments.

One potential reason behind the post-halving crashes is Profit-taking by investors who have held their positions for an extended period. Often motivated by the "January Effect" (Refer image below)

Question for those bullish on Bitcoin Halving -- Why does BTC crash right after the event? $12.25 --> $8 (2012) $650 --> $465 (2016) $8,700 --> $8,500 (2020) Here's why 🧵

4. meme coins are a fad and will eventually disappear. They have proven to be resilient and have maintained a dedicated community of supporters. They have been around since 2013 and have survived multiple market cycles, with a strong online presence and active development.

3. meme coins have no real-world utility. meme coins are being used as a form of payment. Dallas Mavericks and the Kronos company accepted Dogecoin as payment. meme coins although start as a meme but they attract the right community of investors.

2. meme coins are a get-rich-quick scheme. Early investors have made crazy profits. But these are highly volatile so risky at the same time. Rather than looking it as a get-rich-quick scheme, start looking at it as an investment.

1. meme coins are just a joke and have no real value. While coins like Doge and Shiba started as internet jokes, they have grabbed significant market cap and trading volume. The chart shows the top memecoins and their market cap. There is real demand and value to these coins.

If you think meme coins are just a fad, let me tell you that they have survived multiple market cycles. Probably more than you :) Some facts: • $63B market cap • $10B daily trading volume • Survived markets since 2013 So why are memecoins still misunderstood?