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BlackRock, a major financial institution, has entered the Ethereum market, recognizing its security and potential. This move has led to discussions about Ethereum's undervaluation and the significance of BlackRock's involvement. Market cap comparisons highlight Ethereum's economic security.
Blackrock is buying ETH https://t.co/wlqWXqtxGX
BlackRock onboarding Ethereum is not Ethereum seeking endorsement from BlackRock, it's the other way around. ETH market cap is 3.5x Blackrock. Marketcap is a proxy for economic security. https://t.co/o40EyQTPIH
Just had a new revelation about ETH after @BlackRock's entry. It's SIGNIFICANTLY undervalued now. Bought a lot more. I think this is how it plays out. - ETH ETF gets approved eventually, huge liquidity inflows into ETH. - at the same time now the @BlackRock's of the world are…