CNBC host: Ethereum is an excellent store of value
Golden Finance reported that CNBC Mad Money host Jim Cramer shared his views on Ethereum and spot ETH exchange-traded funds (ETFs) this week. He said: “I hold ETH because I think that in today’s world, The U.S. dollar will be in trouble due to the severe U.S. federal budget deficit, and Ethereum is a good store of value. “In addition, Jim Cramer clarified that ETH is not a stock, but believes it is worth owning.” Jim Cramer was once a Bitcoin supporter. After initially recommending allocating 5% of his portfolio to BTC in March 2021, he sold all of his Bitcoin holdings due to concerns about ransomware.
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