💪Key Challenges

Centralized Trading Platform: The process of purchasing and selling ETFs will take place only on centralized platforms, which runs counter to one of the key ideas of blockchain technology. This monopolistic trading paradigm jeopardizes the fundamental decentralization that blockchain provides.

Absence of a Premier Platform: There is no recognized, go-to site for acquiring cryptocurrency-related ETFs. The absence of a centralized, dependable marketplace impedes access and convenience of interaction for potential investors..

Limited Convertibility: ETFs acquired are pegged to a certain company's holdings, limiting their ability to be changed back to cryptocurrencies regardless of price swings. Instead, the only alternative is to convert to fiat currency, which can only be redeemed in regular bank accounts. The lack of on-chain transactions prevents direct participation in the crypto economy.

Inefficiency in Interfacing: There is still a significant gap in developing a viable bridge between traditional web2-based ETFs and decentralized, blockchain-powered web3 assets. The lack of a seamless link between these two separate domains hinders smooth interaction and interoperability, potentially impeding synergies between traditional and blockchain-based financial products.