This ambitious estimate represents a significant increase from the current trading level of around 3,850 tokens.
Vanek attributes this potential growth to Ethereum's innovative capabilities and significant cash flow for token holders.
The company emphasized that #StartInvestingInCrypto has revolutionized various sectors such as finance, banking, payments, marketing, advertising, social media, gaming, infrastructure and artificial intelligence.
The report emphasizes that Ethereum technology offers cost savings, increased efficiency and transparency, which could lead to a significant shift in market share from traditional financial and tech institutions to blockchain-based solutions.
VanEck estimates that this transition could impact all of the existing 15 trillion existing markets (TAM).
In addition, VanEck predicts that free cash flow from owning Ethereum will reach $66 billion by 2030, and its valuation will further increase to a projected $BTC The company, which has applied to register an Ethereum exchange-traded fund (ETF), predicts that these ETFs could exceed the size of the bitcoin-ETF.
The report expresses confidence that #Etf spot Ethereum is close to being authorized to trade on U. S. exchanges.
Such authorizations allow financial advisors and institutional investors to back ethereum under the robust protection of qualified custodians and enjoy the typical pricing advantages and liquidity of ETFs.
"Keith has entered the game, the rise may be near! "
Message received! Robinhood is preparing to launch a #bitcoin exchange!
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