Ethereum resembles “Amazon in the 1990s”

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“Just as Amazon started with book sales and then went on to transform entire industries, Ethereum, too, might surprise us with revolutionary possibilities that are difficult to fully grasp today,” said one of the top executives at 21Shares.

A 21Shares analyst believes that many investors have yet to realize Ethereum’s full potential, much like it was with Amazon in the early ’90s before it became a $2 trillion tech giant. The company expects a significant inflow of funds into Ethereum ETFs once investors recognize the vast possibilities of this asset.

Today, Ethereum has already surpassed its original purpose of supporting decentralized applications and smart contracts. The blockchain ecosystem continues to expand and integrate into areas like decentralized finance (DeFi), NFTs, and corporate solutions, attracting interest from both retail investors and major institutional players. 21Shares is confident that this diverse infrastructure and Ethereum’s growing popularity across various economic sectors will make the platform an essential part of the future digital economy.

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