Ethereum is like ‘Amazon in the 1990s’ — 21Shares
“Just as Amazon evolved beyond books to redefine entire industries, Ethereum may surprise us with revolutionary use cases that we can’t fully envision today,” a 21Shares executive said.
Wall Street investors are still largely unaware of Ethereum’s potential, similar to Amazon in the early 1990s before it became a $2 trillion tech giant, according to a research analyst at crypto asset manager 21Shares.
Spot Ether (ETH) exchange-traded funds launched in July but have seen relatively small inflows compared with spot Bitcoin (BTC) ETFs.
Leena ElDeeb, Research Analyst at 21Shares, told Cointelegraph that large inflows into ETH ETFs will happen only when Ethereum’s potential is understood.
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Author: Brayden Lindrea
