‘Ethereum only’ investors are growing, according to Grayscale

‘Ethereum only’ investors are growing, according to Grayscale

The asset manager says Ethereum’s mass appeal is growing. 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. In a phone interview with Bloomberg, managing director Michael Sonnenshein said 2020 has seen a significant rise in “Ethereum only” investors, underscoring the asset’s growing appeal beyond the development community. He said: “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....


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