Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Ethereum ETFs Struggle to Gain Traction – Here’s Why

Ethereum ETFs Struggle to Gain Traction – Here’s Why

Cryptodnes2024/10/11 18:15
By: Cryptodnes
BTC+0.61%ETH-0.23%

Ethereum spot ETFs have struggled to match the popularity of Bitcoin ETFs, with net outflows of $556 million since their launch in July.

In contrast, Bitcoin spot ETFs have brought in nearly $19 billion over the past 10 months, with major players like BlackRock and Fidelity seeing significant success.

One reason for Ethereum ETFs’ slower growth is the lack of staking rewards, a key feature of direct ownership that can yield around 3.5%. While ETFs offer convenience and security for traditional investors, crypto specialists find them less appealing without these staking returns.

Bitcoin’s easier-to-understand narrative as “digital gold” also makes it more attractive to a broader audience. Its fixed supply of 21 million tokens serves as a clear inflation hedge, whereas Ethereum’s decentralized platform and smart contracts are harder to explain and market to traditional investors.

READ MORE:
Trump-Backed DeFi Project Aims to Raise $300M in First Token Sale

Additionally, Ethereum’s price performance has been less impressive this year, rising only 4%, compared to Bitcoin’s 42% gain. Since the ETFs launched, Ethereum’s 30% price drop has dampened enthusiasm, particularly among retail investors, while Bitcoin’s steady growth has maintained strong investor interest.

Finally, Ethereum’s high valuation — about $290 billion — compared to many global banks and tech stocks may seem inflated, leaving some traditional investors wary of its long-term potential.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BTC/ETH VIP Earn Ultimate Carnival is officially here!
Bitget Announcement2025/09/18 07:12
New spot margin trading pair — FLOCK/USDT!
Bitget Announcement2025/09/18 06:55
0GUSDT now launched for pre-market futures trading
Bitget Announcement2025/09/18 05:39

Trending news

More
1
BTC/ETH VIP Earn Ultimate Carnival is officially here!
2
New spot margin trading pair — FLOCK/USDT!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$117,221.37
+0.71%
Ethereum
Ethereum
ETH
$4,582.49
+1.72%
XRP
XRP
XRP
$3.12
+3.32%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$993.99
+4.33%
Solana
Solana
SOL
$246.67
+5.08%
USDC
USDC
USDC
$0.9998
-0.00%
Dogecoin
Dogecoin
DOGE
$0.2813
+5.62%
TRON
TRON
TRX
$0.3466
+1.51%
Cardano
Cardano
ADA
$0.9154
+5.01%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter