Bitcoin (BTC) got many investors hooked on crypto, but it’s Ethereum's Ether (ETH) that’s beginning to garner more attention, according to Grayscale.
“Over the course of 2020 we are seeing a new group of investors who are Ethereum first and in some cases Ethereum only. [...] There’s a growing conviction around Ethereum as an asset class.”
Grayscale manages a class of funds that provide investors with direct exposure to the cryptocurrency market. Although Grayscale’s Bitcoin Trust remains the most popular fund, its Ethereum Trust has also seen a sharp rise in net inflows.Article:
‘Ethereum only’ investors are growing, according to GrayscaleIt can be easily seen that Ethereum is at the center of attention in the crypto world after ETH2.0 was successfully introduced and launched. However, the speed and transaction costs advantages of this update have yet to be verified, so I think the interest in Ethereum comes from:
+ Ethereum is the first project to introduce the revolutionary concept of a smart contract to the crypto community.
+ the efficiency, friendliness and popularity of the Ethereum platform in the crypto world;
+ Ethereum is the platform chosen by many DeFi projects;
+ Ethereum's founder Vitalik Buterin is very famous and loved by everyone;
+ Ethereum's high security is considered the most important criterion showing that the hard fork to split from Ethereum Classic is the right decision of the #DevelopmentTeam ;
+ Ethereum platform is continuously developed over the years, technological innovation is superior to Bitcoin;
In your opinion, what are the reasons why Ethereum continues to receive the attention of the crypto community?