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Opinion: Spot Ethereum ETF fund inflows may be smaller than Bitcoin

Opinion: Spot Ethereum ETF fund inflows may be smaller than Bitcoin

CointimeCointime2024/07/23 01:14
By:Cointime

According to Farside Investors on X platform, "We believe that the inflow of funds into the Ethereum ETF for spot trading may be less than that of Bitcoin for the following reasons:

1. Spot Bitcoin ETF was approved first and received more attention;

2. Prior to the approval of the US spot ETF, the market size of BTC ETP was larger than that of ETH;

3. The lack of collateral makes ETH ETF relatively less attractive;

4. BTC is more relevant as a financial asset, while ETH is more focused on DAPP and on-chain applications."

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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.

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