CNBC host: Ethereum is an excellent means of storing value

Jim Cramer, the host of CNBC's Mad Money program, shared his views on Ethereum and ETFs for spot ETH trading this week, stating: "I hold ETH because I believe that in today's world, due to the serious federal budget deficit in the United States, the dollar will face difficulties, and Ethereum is a good store of value." In addition, Jim Cramer clarified that ETH is not a stock, but he thinks it is worth owning. Jim Cramer was once a supporter of Bitcoin, and in March 2021, he initially suggested allocating 5% of his portfolio to BTC. However, due to concerns about ransomware, he sold all of his Bitcoin holdings.