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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
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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