BlackRock Executive: Many people believe that the appeal of Ethereum lies in its practicality
Bloomberg ETF analyst Eric Balchunas posted on social media, "Jay Jacobs, head of BlackRock's U.S. thematic and active ETFs, said in a video promoting Ethereum to the general public that while many people see Bitcoin's main appeal as its scarcity, there are also many who believe Ethereum's appeal lies in its utility. You can view Ethereum as a global platform for running applications without the need for decentralized intermediaries."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. stocks closed higher with all three major indexes up, while XPeng Motors fell nearly 8%
The Dow Jones Index closed up by 185.13 points, with the S&P 500 and Nasdaq also rising.
The US Dollar Index fell by 0.06%, closing at 99.357.
Data: ZEC drops over 15% in 24 hours, TNSR rises over 11%