ChainCatcher news, Consensys CEO Joe Lubin stated that under the leadership of the new President Trump, the conflict between the SEC and cryptocurrency companies may gradually fade. Lubin mentioned that the relevant parties will "find ways to have the cases dismissed or settled."He also noted that while not all cases will be dismissed, the industry will save hundreds of millions of dollars as the field develops. Lubin emphasized that the Trump team has already "taken proactive steps" and described Trump as "a very excellent politician" who "can grasp the spirit of the times and move forward with it."

ChainCatcher news, according to Cointelegraph, Consensys CEO Joe Lubin stated that as Trump is re-elected as the 47th President of the United States, the ongoing legal disputes between cryptocurrency companies and U.S. securities regulators may gradually disappear.Lubin said at DevCon 2024 held in Thailand: "So my guess is that they will find a way to dismiss or resolve the cases in a way that is not embarrassing, or something like that. Maybe not all cases, maybe not all elements of the cases, but I believe our industry will save hundreds of millions of dollars in the future. I think Trump's transition team has already been actively working on this."

According to ChainCatcher news, Joe Lubin, co-founder of Ethereum and founder and CEO of the crypto infrastructure company ConsenSys, stated that if an Ethereum spot ETF is approved, the resulting "tsunami of demand" for Ethereum could lead to supply shortages.Lubin explained that institutions that have already been exposed to Bitcoin through the newly launched Bitcoin ETF "are most likely to want to diversify their investments into the second approved ETF," and the demand for purchasing Ethereum through the ETF will be substantial. However, compared to the approval of the Bitcoin spot ETF in January of this year, the supply available to meet this demand will be less.In the case of Bitcoin, authorized participants (i.e., companies that purchase Bitcoin on behalf of the ETF daily) can simply buy idle Bitcoin on exchanges or through over-the-counter counterparts. However, on-chain data shows that over 27% of the total Ethereum supply is already staked on the Ethereum network. This Ethereum is locked in contracts to earn yields for its owners. In other words, not only is Ethereum's market value lower than Bitcoin's, making its price more sensitive to capital inflows, but a significant portion of its supply is unavailable for ETF use. Additionally, new activities on Ethereum will lead to the network destroying a large amount of existing Ethereum supply over time, further limiting supply.