According to Odaily Planet Daily, Bloomberg ETF analyst Eric Balchunas posted on the X platform that BlackRock released a video in which Jay Jacobs, head of its US thematic and active ETFs, introduced Ethereum to ordinary people.

Jay Jacobs said that while many people believe that the main attraction of Bitcoin is its scarcity, many people also believe that the attraction of Ethereum lies in its practicality.

He noted that Ethereum is a global platform for applications that can run without a decentralized intermediary.