1/ There is a self-evident truth some will miss because they're mentally trapped in 2017:

$ETH has moved beyond "gas" to emerge as a flexible, programmable, and investable macro-asset.

ETH is money.

And now we billionaires & institutions taking positions in BTC *and* ETH.

2/ Why are they looking at $ETH?

- Liquidity (& futures soon)
- Price reflexivity as 1/5th market cap #2 asset
- Use as natively programmable reserve asset in DeFi
- Proof of Stake income
- Hardening supply with EIP-1559 (& even current issuance schedule is far better than fiat)

3/ To these new, well-heeled entrants, "crypto" is an asset-class, not a single asset.

The narratives many crypto-natives have ascribed to $ETH over the past few years will fade quickly in the face of real utility & liquidity.

You still have time to adapt, but not much...