Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Economist Peter Schiff said Ethereum, unlike Bitcoin, has "some value," although that value is lower than its current price implies.
Schiff Finds ETH Better than Bitcoin
During a phone interview with Benzinga, Schiff noted that Ethereum "obviously has the use case" and lets users earn yields through staking.
Don't Miss:
-
Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast
Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast
Staking is the process of depositing and locking up ETH to run a validator node. Validators earn rewards consisting of new ETH issuance and a share of transaction fees.
As of this writing, around 44.7 million ETH was staked in the network, representing more than 36% of the asset's circulating supply, according to Staking Rewards. The annualized average yield rate was 2.56%.
"I don't know how much of its [Ethereum's] value is really a function of the returns that you generate by owning it," Schiff said. "My guess would be it's much lower than the current market price would imply."
See Also: Avoid the #1 Investing Mistake: How Your 'Safe' Holdings Could Be Costing You Big Time
What does Schiff Think of Memecoins?
Schiff said memecoins like Dogecoin don't represent any value, adding that people "may not be willing to buy them" at all in the future.
"It's just a litmus test of popularity," he argued. "I mean something is popular right now. People are talking about it, and so people might want to wear it on their back as a vote."
Schiff's Bitcoin Skepticism Continues
Schiff is a long-standing Bitcoin critic and leads the pack in Bitcoin obituaries, having declared the cryptocurrency 'dead' as many as 26 times.
He aggressively promotes gold as the ultimate safe-haven, while deriding Bitcoin as a worthless asset.
Photo Courtesy: Peter Schiff
Read Next:
-
Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier.
-
Think you're saving enough for your kids? You might be dangerously off β see why
Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier.
Think you're saving enough for your kids? You might be dangerously off β see why
Building Wealth Across More Than Just the Market
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry.
EquityMultiple
For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000, with only ~5% of opportunities passing their due diligence process.
Arrived
Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.
American PowerGen
As artificial intelligence drives a surge in electricity demand, reliable power generation is becoming a critical part of the technology ecosystem. American PowerGen is developing natural gas-fired power plants in Texas, a fast-growing market fueled by AI data centers, manufacturing expansion, and population growth. By advancing projects through permitting, fuel supply, and grid interconnection, the company is positioning itself to help meet rising energy needs while offering investors exposure to the infrastructure supporting the next wave of AI and industrial growth.
Bito
As AI coding tools take on more of the work traditionally done by developers, companies are facing new challenges around code quality, context and the rising cost of AI-powered development. Bito is building software designed to help AI coding agents better understand complex codebases while helping companies control AI development costs. Founded by former PubMatic executives, Bito has raised more than $10 million from institutional and individual investors and is now raising additional capital through a Wefunder offering, giving investors an opportunity to invest in a company targeting an emerging need within the rapidly expanding AI software market.
FarmTogether
Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000 β fully managed, with no landlord headaches.
Fundrise
Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth.
Β© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


