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JAN VAN ECK CALLS ETHEREUM THE “WALL STREET TOKEN” Jan Van Eck referred to Ethereum as the “Wall Street token,” highlighting its growing role in institutional finance and positioning within traditional markets. https://t.co/k4ybWsUCTT
message for the Wall Street ETF analysts and journalist bros: it's time to full-pivot to Ethereum all of the products you cover will eventually trade on Ethereum. it will become the lifeblood of the ETF industry, which is really about tokenizing aggregated financial products
i'll keep saying it: it's doesn't make sense that retail is buying hundreds of millions of dollars of ETH ETFs every day, not yet anyway this is still institutional accumulation soon, most Wall Street CTOs will choose Ethereum you haven't even seen the retail FOMO yet https://t.co/aoMETRDqB6
Jan Van Eck, CEO of VanEck, has characterized Ethereum as the "Wall Street token," emphasizing its increasing importance within institutional finance and traditional financial markets. Van Eck highlighted Ethereum's role as the preferred blockchain platform for Wall Street chief technology officers (CTOs) when developing financial products. This perspective aligns with observations that Ethereum is becoming central to the ETF industry, particularly in tokenizing aggregated financial products. Despite substantial institutional accumulation of Ethereum-based ETFs, retail investor participation has yet to reach its peak, suggesting further growth potential in the market.
