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BlackRock executive: Many people believe that Ethereum’s appeal lies in its practicality

BlockBeats news, on July 23, Bloomberg ETF analyst Eric Balchunas posted on social media, "Jay Jacobs, head of BlackRock's US thematic and active ETFs, said in a video introducing Ethereum to ordinary people that while many people believe that the main attraction of Bitcoin lies in its scarcity, many people also believe that the attraction of Ethereum lies in its practicality. You can think of Ethereum as a global platform for applications that can run without decentralized intermediaries."

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Institutional Interest in Ethereum is Growing, with the Nasdaq-listed company SharpLink Gaming purchasing a large amount of ETH as its primary reserve asset, emulating MicroStrategy's Bitcoin strategy. At the same time, other companies such as Bitmine Immersion are also raising funds specifically for the purchase of ETH.
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