Let’s talk about some professional market trends, regarding the direction of Ether after the Ether spot ETF.
The outlook for the Ethereum ETF is similar to the intense competition for the Bitcoin ETF, but trading volumes are expected to be lower.
Initial inflows into the Ethereum ETF could reach one-fifth of the Bitcoin ETF, or $1 billion to $2 billion. Although the prospects may seem bleak, reaching 20% of Bitcoin’s traction is already a huge victory.
Ethereum’s share in different markets around the world varies,
Shows signs of regional preference. For example, in North America, Bitcoin dominates, while in Canada and Switzerland, Ethereum’s share is as high as 30%. In Sweden, Ethereum’s market share is close to 40%, which is a significant milestone.
If you compare Ethereum to precious metals ETFs, and especially to silver, emphasizing ETH’s role in portfolio diversification is similar to how silver does with gold ETFs. Ethereum is seen as a complementary asset to Bitcoin, providing investors with diversification opportunities.
However, the strong performance of the European market has left experts divided on Ethereum’s final share forecasts, showing the potential and popularity of Ethereum ETFs in the European market. Still, Bitcoin continues to dominate across all markets, making the outlook for an Ethereum ETF more challenging.
In other words, Ether will not have a concurrent surge in the near future, but the prospects are very good and it will make waves.
If you feel that there is not much room for Bitcoin to cut interest rates before,
If you want to ambush the spot but don’t want to play copycat, eth is a good choice.
If you also play spot goods and like spot goods,
Click on my avatar to follow my bull market strategy password and share it with fans for free.
Brother Dao has been ambushing a lot of high-quality tokens recently.
If you take the initiative to find me, I won't let my fans get away!