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ETH to $22k by 2030? | VanEck's Matthew Sigel
Bankless
Investment Case for Ethereum ETFs and Open Source App Store Analogy
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The report focuses on explaining the investment case for Ethereum ETFs to traditional finance market participants, highlighting the potential market growth for income-producing assets like Ethereum. It compares Ethereum to an open-source app store, emphasizing its ability to enable individuals to open storefronts at a lower cost than traditional tech companies, with built-in payment functionality. The report aims to educate on the mechanics of Ethereum's profit and loss statement, projecting bullish price targets like a hundred and fifty-four thousand dollars for Ether by 2030.
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