Sergey Nazarov: 'Expect More Spot ETFs, Convergence Between Web3 and Traditional Finance'
Crypto News Terminal19 Apr, 2024
Sergey Nazarov: 'Expect More Spot ETFs, Convergence Between Web3 and Traditional Finance'
In an interview with Cointelegraph, Chainlink co-founder Sergey Nazarov predicted a rise in spot ETFs "for things other than just bitcoin and ethereum (ETH)." He also discussed the growing convergence between Web3 and traditional finance, with banks buying crypto assets and crypto protocols investing in traditional assets. Previously on April 19, 2024, Nazarov stated that the ETF narrative would continue to grow this year, and the convergence between Web3 and traditional finance would happen over the next three to four years.
