Bloomberg analysts: Many people believe that Ethereum's appeal lies in its practicality

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on the X platform stating, "BlackRock released a video of its U.S. thematic and active ETF head Jay Jacobs introducing Ethereum to the general public, noting that while many believe Bitcoin's main appeal lies in its scarcity, there are also many who believe Ethereum's appeal lies in its utility. You can think of Ethereum as a global platform for applications that run without the need for a decentralized intermediary."