A research analyst from 21Shares, a crypto asset management company, suggests that Wall Street investors are not yet fully aware of Ethereum’s potential.
They compare the situation to Amazon in the early 1990s, when the company was not yet a $2 trillion tech giant.
Despite the launch of Ether exchange-traded funds in July, there have been relatively small inflows compared to Bitcoin ETFs. According to Leena ElDeeb, Research Analyst at 21Shares, Ethereum’s potential must be better understood before large inflows into ETH ETFs will occur.
ElDeeb believes that Ethereum is complex, similar to Amazon in the 1990s, with vast potential but not as straightforward in its use cases.
