🔥🔥Disappointment Warning for Ethereum from Analysts🔥🔥

$ETH

Spot Ethereum exchange traded funds (ETFs) in the US may disappoint investors once they enter the market.

Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, predicts that spot Ethereum (ETH) ETFs will remain alongside Bitcoin ETFs but as a “sideline.”

Balchunas said, "Bitcoin alone is sufficient in the crypto world. They already act together. It is more difficult to explain Ethereum, I only see it as helping Bitcoin."

Spot Bitcoin (BTC) ETFs attracted attention with one of the best openings in the history of the ETF market. Some analysts predict that spot Ethereum ETFs could perform similarly.

"Expectations for standard openings for Bitcoin ETFs may be unrealistic. Ethereum ETFs can start off strong and significantly outperform the average ETF," said Ophelia Snyder, co-founder of 21Shares.

But Snyder reminded investors that Bitcoin ETFs generally attract above-average interest. If Ethereum achieves success on this scale, it may be disappointing among investors.

According to Sosovalue data, a total net investment of $14.6 billion was made in spot Bitcoin ETFs launched in January. In total, there are $51.8 billion in assets in 11 different Bitcoin ETFs.

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