Odaily Planet Daily News Bloomberg ETF analyst James Seyffart believes that the demand for spot Ethereum ETFs may reach 20% to 25% of spot Bitcoin ETFs. Seyffart expressed his position in an interview hosted by Bitwise, adding that another Bloomberg ETF analyst Eric Balchunas believes that the demand for new funds will reach 15% to 20%. Seyffart compared the two estimates with the fact that ETH accounts for about 30% of Bitcoin's $1.4 trillion market value, calling it a certain underestimate. He attributed the difference to certain limitations of each product. Ethereum ETF issuers will not participate in staking, which means that ETF investors cannot obtain returns unlike ETH holders. In addition, Ethereum has greater on-chain utility than Bitcoin, but ETF investors will not be able to access it. Seyffart said that compared with futures ETFs in the United States, Ethereum futures ETFs only account for 12% of assets and cannot provide a "good sample" for estimation. The asset ratio of Ethereum futures ETFs in foreign markets is 20% to 30% of that of Bitcoin futures ETFs. Ultimately, he predicts that there will be "massive issuance" of spot Ethereum ETFs, but not as much as spot Bitcoin ETFs. (CryptoSlate)