“Just as Amazon evolved beyond books to redefine entire industries, Ethereum may also surprise us with revolutionary use cases that we can't fully envision today,” one 21Shares executive said.
Wall Street investors are still largely unaware of Ethereum’s potential, akin to Amazon in the early nineties 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 to spot Bitcoin (BTC) ETFs.
Leena ElDeeb, Research Analyst at 21Shares, tells Cointelegraph that large inflows into ETH ETFs will only happen once Ethereum’s potential is understood.