Bloomberg ETF Analyst: Ethereum Spot ETF Will Perform Similar to Bitcoin ETF, But Trading Volume Expected to Be Lower

According to ChainCatcher, Cointelegraph quoted Bloomberg ETF analyst Eric Balchunas on the X platform as saying that he expects the performance of the Ethereum spot ETF to be a "same horse race" similar to the spot Bitcoin ETF, but with lower trading volume. Balchunas further explained: "At least in terms of the expectations of liquidity/volume/media attention/everything for the Ethereum spot ETF relative to the Bitcoin spot ETF, I would divide all the numbers you see on Bitcoin by 5. That is, by the standards of ordinary ETFs, if the Ethereum spot ETF can capture 20% of the Bitcoin ETF, it will be a huge win/successful launch."