Ethereum

Bitcoin ETF

Catch Up

Spot

While the SEC also approved spot Ethereum ETFs after Bitcoin, ETH ETFs still have not started trading. At this point, analysts think spot Ethereum ETFs will not receive as much investment as Bitcoin ETFs. 
Speaking to The Block, Jag Kooner, head of derivatives at Bitfinex, had the same opinion about Ethereum ETFs, saying that if ETFs started trading now, they could capture one-fifth of spot Bitcoin ETF investment flows. 
Kooner stated that the SEC's decision on staking is very important for ETH ETFs and said: 
<blockquote> 
 “ Estimates in the market suggest that spot Ethereum ETFs could capture 10-20% of flows into spot bitcoin ETFs. 
 But with ETH ETFs, I believe a lot depends on future announcements by the SEC regarding allowing or denying staking for spot Ethereum ETFs. Adding staking to ETFs could change things for Ethereum.” 
</blockquote> 
Stating that institutional fund managers are looking for various products to diversify their portfolios, the Bitfinex manager cited spot Gold ETFs in this regard. 
Pointing out that the first spot Gold ETF revolutionized gold trading, Kooner said that the same could be the case for spot ETH ETFs, considering the use cases of Ethereum. 
Ethereum continues to trade at $3,670 at the time of writing. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/will-spot-ethereum-etfs-catch-up-to-bitcoin-according-to-analysts-sec-could-change-a-lot-in-eth-etfs-with-a-decision/">Will Spot Ethereum ETFs Catch Up to Bitcoin? According to Analysts, SEC Could Change A Lot in ETH ETFs with a Decision!</a>

Will Spot Ethereum ETFs Catch Up to Bitcoin? According to Analysts, SEC Could Change A Lot in ETH ETFs with a Decision!

Bitcoin Sistemi EN

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