Odaily Planet Daily News Bitwise CEO Hunter Horsley wrote on X: "Regarding the question of 'Why didn't the Ethereum ETF do better?', I would like to share some comments here. First, how do you judge success? iShares, Fidelity and Bitwise's (Ethereum) ETFs are among the 25 fastest-growing new ETFs this year. However, I do think there are 3 factors that affect the performance of the Ethereum ETF: (1) Summer: For many investors, summer is a slow period and there are not many new projects. (2) Market: Bull markets always attract attention. Bitcoin ETP was launched when Bitcoin was rising, while Ethereum ETP was launched in a sideways market. (3) After the launch of Bitcoin ETP: For many traditional investors, how to include Bitcoin in the ETP after its launch has taken some time, and it will take some time in the future. Ethereum launched ETP before this problem was solved, which made it difficult for people to turn their attention to it. Despite this, the above 3 (Ethereum) ETPs are still the fastest growing this year. The story of Ethereum ETP has just begun."