Ethereum Is ‘The Wall Street Token’, Jan van Eck Says
Posted On August 28, 2025
Ethereum‘s (CRYPTO: ETH) position in global finance is strengthening, with VanEck CEO Jan van Eck describing it as “the Wall Street token.”
What Happened: “Ether has suddenly reared its head and hit new records. It’s very much what I call the Wall Street token,” van Eck said in an interview with Fox Business.
He explained that the rise of stablecoins has forced financial institutions to adapt quickly, creating an environment where Ethereum’s infrastructure is increasingly indispensable.
“If I want to send you stable coins, your bank has to figure it out or you will find some other institution to do that,” he added.
According to van Eck, Ethereum’s design …