So, with the dual tailwind of Bitcoin ETF flows and the upcoming halving, is Bitcoin the best bet? Not so fast. Ethereum, the next biggest crypto asset by market cap, has a case of its own to make. Whereas bitcoin is often described as a store of value, medium of exchange, or both – essentially cash for the internet – Ethereum is a platform for developers building over 4,500 applications in areas as diverse as art and collectibles (NFTs), stocks, bonds, and real estate (real-world assets or RWAs), fiat currencies (stablecoins) and internet-native organizations called DAOs, known collectively as Web3.