Spot Ethereum ETFs could capture up to 20% of Bitcoin ETF flow | • CRYPTO NEWS • #BTC • #ETH •
Spot Ethereum ETFs could capture up to 20% of Bitcoin ETF flows, analyst predicts
Spot Ethereum exchange-traded funds could capture as much as a fifth of the investment flows currently directed towards spot bitcoin ETFs, an analyst said. "Forecasts show that spot Ethereum ETFs could capture between 10-20% of the flows that have been going into spot bitcoin ETFs," Bitfinex head of derivatives Jag Kooner told The Block. However, Kooner said he believes a lot depends on clarification in the future regarding staking being allowed or denied by the U.S. Securities and Exchange Commission for spot Ethereum ETFs.
