Cryptoverse: like a bond with no yield? Investors split on ether ETFs
undefined 23, 2024
Ether's upcoming ETF launch is generating less excitement than Bitcoin's debut. Investors are cautious due to the SEC's exclusion of ether staking, which offers yield but is not included in the ETFs. This limits their appeal, making them less attractive compared to staked ether options. Estimates suggest ether ETFs might attract 10-25% of Bitcoin’s ETF flows. As Ethereum’s market cap is significantly smaller than Bitcoin's, initial interest is expected to be subdued.
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