Fed Governor Milan: If Trump says he wants me to stay at the Fed, I will leave the Council of Economic Advisers

Leading cryptocurrencies dive while stock futures rose on Sunday, in the wake of the U.S.-China trade truce.read more

PANews reported on November 3 that, according to Onchain Lens monitoring, despite the overall market correction, Machi (@machibigbrother) experienced partial liquidation of his long positions in ETH (25x leverage) and HYPE (10x leverage). His total spot and contract assets have now decreased to approximately $14.85 million.

The post ETFs Will Be “Irrelevant In 5 years”, Expert Says Amid Stronger XRP Approval Odds appeared on BitcoinEthereumNews.com. XRP ETF approval odds have surged to 99%, but experts are predicting that the rise of on-chain investing may render ETFs obsolete in 5 years.   The XRP ETF approval has captured market attention as traders expect the U.S. Securities and Exchange Commission (SEC) to give the green light soon.  On prediction platform Polymarket, odds for an XRP ETF to be approved have also soared above 99%. Yet, while investors expect a major milestone, some industry leaders believe ETFs may not have much of a future in crypto investing.  Older Investors Drive Demand for Crypto ETFs Hugo Philion, the co-founder of Flare Network, argues that exchange-traded funds could become obsolete within five years as more investors adopt blockchain-based ownership. 🚨 XRP ETF Approval at 99%… But Will It Even Matter? While the SEC green light seems inevitable, one expert says the excitement is short-sighted. 🗣 “ETFs will be irrelevant in 5 years,” says Flare Network’s Hugo Philion.He believes younger investors will ditch Wall Street… pic.twitter.com/KL74CtuZK2 — Boom Change (@BoomChange1) September 27, 2025 Philion explained on the Paul Barron Podcast that older generations, including baby boomers and Gen X, hold most of the global wealth today.  They prefer traditional investment products like ETFs, which makes spot crypto ETFs attractive for them. This preference explains the strong demand for regulated crypto funds that resemble familiar stock-market products. Younger investors, however, prefer to hold digital assets directly in wallets and interact with DeFi platforms.  Philion believes this generational difference will gradually reduce the need for ETFs. Shift Toward Direct On-Chain Ownership Philion also cited financial challenges as a reason ETFs might fade.  Unfunded retirement liabilities, rising government debt, and market uncertainty could encourage investors to take control of their assets on blockchain networks.  This approach allows for transparent and direct ownership without relying…