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Bloomberg ETF Analyst: Ethereum ETF may only account for 15% of Bitcoin ETF assets

Bloomberg ETF Analyst: Ethereum ETF may only account for 15% of Bitcoin ETF assets

Bitget2024/05/21 23:31

The bullish trend has led some market analysts to predict a large influx of funds into the ETH ETF, similar to the success of the BTC ETF launched in January. According to data from Farside Investors, since the launch of spot Bitcoin ETFs in the United States, these funds have accumulated about $13 billion in managed assets. However, Bloomberg ETF analyst Eric Balchunas remains skeptical, stating that Ethereum ETFs may only account for 15% of Bitcoin ETF assets.

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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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