BlackRock Executive: Many people believe that the appeal of Ethereum lies in its practicality

Bloomberg ETF analyst Eric Balchunas posted on social media, "Jay Jacobs, head of BlackRock's U.S. thematic and active ETFs, said in a video promoting Ethereum to the general public that while many people see Bitcoin's main appeal as its scarcity, there are also many who believe Ethereum's appeal lies in its utility. You can view Ethereum as a global platform for running applications without the need for decentralized intermediaries."