According to ChainCatcher, Arthur, founder of Defiance Capital, pointed out on the social platform that more than 70% of Bitcoin spot ETFs are held by retail investors. He believes that most retail investors first purchased Ethereum as a cryptocurrency, and many people like XRP because of its fintech story.
It is reported that a large number of people joined the cryptocurrency market in 2017 because of Ethereum. Arthur believes that retail investors will be excited about Ethereum because it is the decentralized technology layer that supports the Web 3.0 economy.
