Viewpoint: The inflow of funds into SpotETH ETF may be less than BTC.

2024-07-22 21:59:39

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Jinse Caijing reported that, according to Farside Investors on the X platform, "We believe that the inflow of funds into Spot Ether ETF may be less than that of BTC, for the following reasons:

SpotBTC ETF was approved first, attracting more long followers.
Before the approval of the US Spot ETF, the market size of BTC ETP is larger than that of ETH;
The lack of stake makes the attractiveness of ETH ETF relatively small;
BTC has higher correlation as a financial asset, while ETH focuses more on DAPP and on-chain applications.

ETH-0.06%

BTC-0.95%

X2.54%

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HiepNguyen

· 2024-07-22 22:13

BUIDL 🧐

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