BlackRock executive: Many people believe that Ethereum's appeal lies in its practicality

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