Ethereum

Bitcoin

Spot

<ul class="news-points">
 <li>Bernstein analysts forecast lower demand for Ether spot ETFs compared to Bitcoin ETFs.</li>
 <li>The absence of an ETH staking feature is expected to reduce spot ETH conversion.</li>
 <li>Bitcoin’s first-mover advantage may saturate overall demand for crypto ETFs.</li>
</ul>
A new research report from Bernstein suggests that Ethereum (ETH) spot Exchange-Traded Funds (ETFs) will likely experience investor demand, albeit on a smaller scale than their Bitcoin counterparts.
Bernstein analysts Gautam Chhugani and Mahika Sapra highlighted that the lack of an ETH staking feature in the ETF could result in less spot ETH conversion. They noted, however, that the basis trade is expected to become more attractive to investors over time.
The basis trade involves buying the spot ETF and selling the futures contract simultaneously while waiting for prices to converge. This strategy is expected to ensure ample liquidity within the ETF market.
Echoing this outlook, financial powerhouse JPMorgan suggested last month that demand for spot Ether ETFs would likely be significantly lower compared to Bitcoin ETFs. The report cited Bitcoin’s first-mover advantage and potential to dominate overall demand for…
The post <a href="https://coinedition.com/ethereum-spot-etfs-jpmorgan-and-bernstein-agree-on-lower-demand-than-bitcoin/" rel="noopener noreferrer nofollow">Ethereum Spot ETFs: JPMorgan and Bernstein Agree on Lower Demand Than Bitcoin</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ethereum Spot ETFs: JPMorgan and Bernstein Agree on Lower Demand Than Bitcoin

Coin Edition

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