Ether (ETH) has been trailing behind Bitcoin (BTC) in 2024, with a 60% surge compared to BTC's 87% gain. A joint report from CME Group and Glassnode reveals ETH's deeper corrections and lower investor risk appetite as reasons for this underperformance. However, the inauguration of US Spot ETFs for Ethereum could reverse this trend. Despite ETH's underperformance, analysts remain optimistic about its future, with some predicting that the spot Ethereum ETFs could attract over $15 billion in the initial months, potentially pushing ETH price to $10,000 during this cycle.