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Ethereum Remains Largely Unrecognized by Wall Street Investors, Similar to Amazon in the 1990s

BitcoinWorld LogoBitcoinWorld2w ago

Ethereum Remains Largely Unrecognized by Wall Street Investors, Similar to Amazon in the 1990s - BitcoinWorld

Quick Summary:

Ethereum Remains Largely Unrecognized by Wall Street Investors, Similar to Amazon in the 1990s In a compelling comparison, Leena ElDeeb, a research analyst at the cryptocurrency exchange-traded product (ETP) investment platform 21Shares, likened Ethereum (ETH)‘s current recognition among Wall Street investors to Amazon‘s status in the early 1990s.

This analogy, highlighted by Cointelegraph, underscores the evolving perception of Ethereum within traditional financial circles and the factors that may influence its future acceptance and investment inflows.

Leena ElDeeb posits that substantial inflows into spot Ether ETFs will materialize only when Ethereum’s comprehensive potential is fully understood by investors.


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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 06:40:44 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1016 words

Reading Time: 6 minutes read

Sentences: 47 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23390141

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 35 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

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  • URL: https://beamstart.com/news/ethereum-remains-largely-unrecognized-by-173070268

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