No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 22, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Ether Machine Founder Claims ETH Outperformed BTC Over Last Decade

by TheAdviserMagazine
3 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
Ether Machine Founder Claims ETH Outperformed BTC Over Last Decade
Share on FacebookShare on TwitterShare on LInkedIn


Andrew Keys, the co-founder of the new Ethereum investment firm The Ether Machine, argues investors would have made much more money investing in Ether than Bitcoin a decade ago.

“The price of Ether per Bitcoin over the past decade has materially improved. Over the last decade, since Ethereum started, you would be 50x wealthier [had you owned it since then],” Keys said on CNBC’s Squawk Box on Monday while talking about his new Ethereum treasury firm, which plans to go public.

In a post on X, he later corrected the price growth figure from 50 times to 30 times.

Keys serves as chairman of the new company, which plans to launch with more than 400,000 ETH, currently worth around $1.5 billion, making it the largest public vehicle for institutional Ethereum exposure.

This would eclipse the current holdings of Bitmine and SharpLink, which have 300,000 and 280,000 in their ETH treasuries, respectively. 

Keys told CNBC that he is an “Ethereum guy” and does not own Bitcoin. “I’d rather have an iPhone than a landline,” he said. 

Keys also said that “the largest beneficiary of the GENIUS Act is Ethereum,” because the majority of stablecoins are deployed on Ethereum. 

“Ethereum is experiencing power law dynamics where 90% of tokenized assets are deployed on Ethereum, similar to the power law dynamics of Google where 90% of searches happen with Google.” 

Andrew Keys on Squawk Box. Source: CNBC

A flawed comparison

While the figures comparing Ether and Bitcoin returns over time aren’t inaccurate, it also paints an incomplete picture of the two assets’ meteoric gains since inception. 

The Bitcoin network was created in 2009, and one of the earliest indicators of its price was on the now infamous Pizza Day in May 2010, when one BTC was worth approximately $0.0041; however, it was not listed on exchanges for trading at the time. 

The asset was priced around $0.05 when it first traded on the now-defunct Mt. Gox exchange in July 2010. It has since gained in value by more than 234 million percent. 

Meanwhile, Ethereum’s genesis block came more than six years later, in July 2015, when Bitcoin was already trading at $280. 

Ether traded at around $1.60 on average in the month following its genesis and has gained 236,837% since then.

Related: Ethereum investors pile into ETH amid massive weekly surge

Recent performance could also add a new dimension to the argument. 

Ether has yet to reach a new all-time high this cycle and remains down 23% from its 2021 peak price of $4,878, trading largely sideways since 2022. 

Meanwhile, Bitcoin has notched a new all-time high on July 14 and has gained 78% since its 2021 cycle peak. 

Ether Machine plans IPO

The Ether Reserve is a new investment firm focused on Ethereum and plans to go public on the Nasdaq with over $1.6 billion in backing. 

The launch will be through a merger with blank-check (SPAC) company Dynamix Corporation, with a combined entity called “The Ether Machine,” reported Reuters.  

Rotation into Ether 

“Investors are rotating into Ethereum en masse, which explains its sustained rally over the weekend,” Jeff Mei, chief operating officer at the BTSE exchange, told Cointelegraph on Tuesday.

He added that it was clear that momentum has shifted toward Ether, which “makes sense as Ethereum is still trading well below its all-time highs and traders believe it will close the gap in the coming months.” 

Magazine: Bitcoin OG Willy Woo has sold most of his Bitcoin: Here’s why



Source link

Tags: BTCClaimsdecadeETHEtherfounderMachineOutperformed
ShareTweetShare
Previous Post

Institutions Decreasing Real Estate Purchases

Next Post

Why More Indians Are Choosing Funds

Related Posts

edit post
XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum

XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum

by TheAdviserMagazine
October 22, 2025
0

Bybit is supercharging its crypto derivatives lineup, adding XRP, mantle, and dogecoin to its USDT-margined futures and options suite, as...

edit post
Willow Processor Maps Molecules 13,000x Faster Than Supercomputer: Google

Willow Processor Maps Molecules 13,000x Faster Than Supercomputer: Google

by TheAdviserMagazine
October 22, 2025
0

Researchers at tech giant Google said they mapped out the structure of a molecule 13,000 times faster than the most...

edit post
Robinhood lists BNB token

Robinhood lists BNB token

by TheAdviserMagazine
October 22, 2025
0

Key Takeaways Robinhood has listed BNB on its platform, allowing US retail investors greater access. This follows Coinbase's addition of...

edit post
Dogecoin Bullish Fractal Suggests 800% Surge Is Coming Amid Momentum Acceleration

Dogecoin Bullish Fractal Suggests 800% Surge Is Coming Amid Momentum Acceleration

by TheAdviserMagazine
October 22, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin is still facing a lot of...

edit post
Veteran Trader Peter Brandt Says “MSTR Could Go Underwater” If Bitcoin Repeats 1977 Soybean Crash

Veteran Trader Peter Brandt Says “MSTR Could Go Underwater” If Bitcoin Repeats 1977 Soybean Crash

by TheAdviserMagazine
October 22, 2025
0

Veteran trader Peter Brandt has drawn a comparison between Bitcoin’s current price pattern and the 1977 soybean crash. The trader...

edit post
How the U.S. bailout could bring the end to Argentina’s ‘libertarian utopia’

How the U.S. bailout could bring the end to Argentina’s ‘libertarian utopia’

by TheAdviserMagazine
October 21, 2025
0

If you’ve heard this story before, you’re not alone. Argentina is particularly adept at leaping from crisis to crisis. A...

Next Post
edit post
Why More Indians Are Choosing Funds

Why More Indians Are Choosing Funds

edit post
Newly listed TASE stocks perform strongly

Newly listed TASE stocks perform strongly

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum

XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum

0
edit post
Financial infidelity hurts, but there are ways to get past it

Financial infidelity hurts, but there are ways to get past it

0
edit post
8 Best Investments for Retirement

8 Best Investments for Retirement

0
edit post
Tech Mahindra on track to improve margin but macro challenges linger

Tech Mahindra on track to improve margin but macro challenges linger

0
edit post
After achieving profitability, Austrian firm refurbed raises €50M funding 

After achieving profitability, Austrian firm refurbed raises €50M funding 

0
edit post
Interventional Ultrasound Market Analysis: Key Drivers and Challenges

Interventional Ultrasound Market Analysis: Key Drivers and Challenges

0
edit post
XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum

XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum

October 22, 2025
edit post
Shutdown hits breakaway advisors starting RIAs

Shutdown hits breakaway advisors starting RIAs

October 22, 2025
edit post
YXT regains compliance with Nasdaq’s minimum bid price requirement (YXT:NASDAQ)

YXT regains compliance with Nasdaq’s minimum bid price requirement (YXT:NASDAQ)

October 22, 2025
edit post
As national debt accelerates to  trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’

As national debt accelerates to $38 trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’

October 22, 2025
edit post
Willow Processor Maps Molecules 13,000x Faster Than Supercomputer: Google

Willow Processor Maps Molecules 13,000x Faster Than Supercomputer: Google

October 22, 2025
edit post
Alleged loan fraud is frustrating but isolated

Alleged loan fraud is frustrating but isolated

October 22, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum
  • Shutdown hits breakaway advisors starting RIAs
  • YXT regains compliance with Nasdaq’s minimum bid price requirement (YXT:NASDAQ)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.