Ethereum just broke a record most people don’t know about.
It became the fastest major asset in history to hit a $500B market cap.
$ETH - 5.8 years.
$AAPL - 35 years.
$BTC - 12 years.
Crypto is the fastest growing asset class in history.
Flows into Ethereum ETFs are going to accelerate significantly in H2. The combination of stablecoins & stocks moving over Ethereum is an easy-to-grasp narrative for traditional investors.
ETH ETFs did $1.17. billion in flows in June. They could do $10b in H2.
Coinbase is running an ETH L2.
Sony is running an ETH L2.
Kraken is running an ETH L2.
Deutsche Bank is building an ETH L2.
Ant Digital is building an ETH L2.
And now Robinhood is building an ETH L2.
How will ETH survive with all these "parasites"? 🤔