“Ether’s inflows into ETFs this month were more than all of the new Ether that was issued since the merge several years ago.” – 01:36
Andy Baehr, Head of Product & Research at Coindesk Indices, joins Remy Blaire at the New York Stock Exchange to discuss the shift in sentiment among investors, moving beyond Bitcoin to embrace Ethereum and other cryptocurrencies. Andy highlights the importance of Ether ETFs and how they signify a broader acceptance of digital assets. He notes that Ether’s inflows this month have surpassed the new Ether issued since the merge, indicating a dramatic shift in market dynamics.
Andy emphasizes the challenges of allocating funds in a more complex market. He suggests that investors consider a simple approach, akin to traditional asset classes, by using low-cost index funds to gain exposure to the digital asset space.
With the back-to-school season upon us, the pair also touch on the importance of education in navigating the crypto landscape. Andy encourages viewers to experiment with small amounts of crypto to better understand how it works, while keeping an eye on new products and developments in Washington that could further shape the market.