#ETH #ETF #binance #TopCoinsJune2024
Gordon Grant believes that owning ETH directly, rather than shares of funds, brings more benefits to institutional investors. This is what distinguishes spot ETFs for ether from investment products based on Bitcoin, the trader emphasized.
“This is especially true for large players. They will have enough experience to work with on-chain solutions until staking appears in spot ETH-ETFs,” Grant said.
According to the analyst, until the issue regarding the regulation of staking is resolved at the legislative level, one should not expect a significant influx of capital into Ethereum ETFs.
Previously, co-founder of the BitMEX exchange Arthur Hayes said that after the launch of exchange-traded funds for ether, a similar product will appear on the US stock market that allows you to invest in Dogecoin (DOGE) without purchasing the coins themselves.
