In a recent update from Platform Meanwhile, as the cryptocurrency community eagerly awaits the approval of a Bitcoin spot ETF in early January, Kruger has been critical of the current Solana hype, calling its innovation nothing more than “pure science fiction.”

Bitcoin ETF approval imminent

Fred Krueger’s enthusiastic optimism about the imminent approval of a Bitcoin ETF is echoed in the cryptocurrency space. He predicted a transformative impact, declaring, “This will change everything.”

Kruger envisions a groundbreaking shift in which anyone with a brokerage account can invest directly in Bitcoin as ETFs open their doors to the public. Notably, he expects the SEC to give a green signal to spot ETFs between January 8 and 10.

At the same time, he emphasized the importance of this development and noted that the influx of new funds will not be limited to traditional cryptocurrency exchanges such as Coinbase. Instead, the real discussion is expected to move from the confines of crypto Twitter to mainstream financial platforms like CNBC. Kruger's emphasis on this momentous shift brings a fresh perspective to the prevailing Solana enthusiasm.

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Fred Krueger slams Solana innovation as 'pure science fiction'

Contrary to the cryptocurrency community’s focus on Solana’s recent surge, Krueger remains unmoved, arguing that it distracts from the coming Bitcoin revolution. He questioned the rationale behind the hype surrounding Solana's FireDancer, labeling it "pure science fiction" with no real use cases.

Additionally, Kruger blasted Solana’s so-called “killer apps” — gaming, social and ticketing — labeling them fantasy. At the same time, he criticized Solana’s gaming capabilities, noting that it lags behind other blockchains and expressing doubts about the integration of social platforms and ticketing on the Solana network.

Despite acknowledging the unpredictability of crypto markets, Krueger remains steadfast in his focus on Bitcoin, underscoring the pioneering cryptocurrency’s enduring strength.