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2024-05-24 12:19:26

Why Ethereum ETFs May Not See the Same Success as Bitcoin ETFs

The post Why Ethereum ETFs May Not See the Same Success as Bitcoin ETFs appeared first on Coinpedia Fintech News Following the news of the approval of Ethereum spot ETFs, Bloomberg Intelligence ETF analyst Eric Balchunas has dampened expectations. Balchunas said he expects Ethereum ETFs to gather just 10-15% of the assets Bitcoin ETFs have accumulated. Institutional Interest Remains Low for Ethereum A string of signs suggests Ethereum’s institutional interest is much weaker than Bitcoin’s. …

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