[Jiang Zhuoer: U.S. stock market funds' understanding of ETH is still at the 2014–15 stage] According to a report by Jinse Finance, Jiang Zhuoer, founder of the mining pool B.TOP, stated that U.S. stock market funds' understanding of ETH is still at the 2014–15 stage of the crypto space. The slogan for BTC, 'digital gold,' is easily understood by external investors, whereas ETH's 'smart contracts' are much more complex. The first surge in ETH/BTC exchange rate began in 2016–17 with the massive rise of ICOs, bringing a large number of tokens onto the blockchain. The second surge in ETH/BTC exchange rate is expected to begin in 2026–27 with the blockchainization of traditional finance (USD, U.S. stocks, U.S. bonds), bringing a large number of RMA tokens onto the blockchain.