Vance Spencer, co-founder of venture capital firm Framework Ventures, shed light on the future of spot #Bitcoin and Ethereum #ETF in a recent interview with CNBC.
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According to Spencer, $ETH funds are quickly positioned to capture a significant portion of the inflows currently being directed to Bitcoin ETFs. He expects a potential 50-50 allocation to emerge as a standard for investors.
“I think more and more people will have a 50-50 allocation of Bitcoin and ETH from now on,” Spencer predicted. Furthermore, Spencer noted that both Bitcoin and Ethereum have grown tremendously without institutional support. Now, this trend is reversing with the launch of spot Bitcoin and Ethereum ETFs.
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