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Ethereum has the second highest market capitalization after Bitcoin, and pioneered the concept of “smart contracts” on the blockchain while also being able to record transactions. Today, the majority of Initial Coin Offerings (ICO) use Ethereum. While the development of Ethereum is led by one person, it has a full team of developers working behind it to further its platform. Ethereum was first released to the world in July 2015 by then 21-year-old Vitalik Buterin.
Ethereum Investment Vehicle Approved for Small Investors
Individual investors will soon be able to invest in Grayscale Ethereum Trust, billed as “the first U.S. publicly quoted security solely invested in and deriving value from the price of ethereum.