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VanEck CEO Warns Against FOMO-Driven Ethereum ETF Investments at TOKEN2049
VanEck CEO Warns Against FOMO-Driven Ethereum ETF Investments at TOKEN2049
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Ethereum ETFs are the shiny new toy in crypto—but VanEck’s chief just threw cold water on the hype train.
Speaking at TOKEN2049, the CEO cautioned investors against chasing Ethereum ETFs purely for speculative gains. ’This isn’t 2021 memecoin mania,’ he quipped—a not-so-subtle jab at the ’number go up’ crowd.
Key takeaways:
- Institutional products ≠ get-rich-quick schemes
- ETH’s fundamentals matter more than ETF approval buzz
- Remember when Grayscale’s Bitcoin Trust premium flipped to discount? History rhymes.
Wall Street’s latest crypto packaging looks slick, but as always—do your own damn research.
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