eth can have a little etf for its birthday as a treat

This consumer crypto newsletter reports that the SEC gave final approval for spot ETH ETFs, which reached 50% of BTC ETF volume in their first 90 minutes of trading. It also covers the launch of the Uniswap Extension, which Medha, Uniswap's wallet product lead, discussed on the Internet Explorers livestream, where she said 80% of new wallets use Uniswap on their first day. Syndicate's report, as the newsletter describes it, finds L3s struggle to break even unless they reach L2-like volumes of 50M+ transactions per month or keep fees within 3x of L2s.