Opinion: Spot Ethereum ETF fund inflows may be smaller than Bitcoin
According to Farside Investors on X platform, "We believe that the inflow of funds into the Ethereum ETF for spot trading may be less than that of Bitcoin for the following reasons:
1. Spot Bitcoin ETF was approved first and received more attention;
2. Prior to the approval of the US spot ETF, the market size of BTC ETP was larger than that of ETH;
3. The lack of collateral makes ETH ETF relatively less attractive;
4. BTC is more relevant as a financial asset, while ETH is more focused on DAPP and on-chain applications."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Technical Analysis Indicates Strong Support Levels For Toncoin and Mpeppe 1000% Rally Imminent
XRP Poised for Major Price Jump as Whales Buy In
Artificial Superintelligence Alliance (FET) gains 75% in a month — Here is why
Shift to new server provider restores X in Brazil for some users
Trending news
MoreCrypto prices
More
