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CF Benchmarks CEO: Demand for Ethereum spot ETFs may continue to grow in the coming months

CF Benchmarks CEO: Demand for Ethereum spot ETFs may continue to grow in the coming months

Bitget2024/08/27 01:36

CF Benchmarks CEO Sui Chung said that the demand for Ethereum spot ETFs may continue to grow in the coming months, and more wealth management companies are expected to offer such products to their clients.

Sui Chung stated: "We anticipate that once wealth managers and financial advisors have completed the educational process about what Ethereum is, its utility, and why they should hold it alongside Bitcoin ETFs, funds flowing into Ethereum ETFs will continue to rise. The education process will help investors understand the Ethereum economy and highlight its main differences from Bitcoin, thereby fully illustrating that the allocation drivers are different. Both belong to a balanced investment portfolio."

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