“Money will also enter other ether-connected areas”
Stating that after Ether spot ETFs, there will be money inflow to other areas of use in this field, Kooner cited gold and silver ETFs as examples:
“Gold ETFs also attracted significant investment when first approved. Later, money began to enter other gold-related financial products. Similarly, following Ether ETFs, fund managers can put money into products around them to offset both Bitcoin and Ether fund investments, minimizing risk.”
Giving an example from the Silver ETF, Kooner said, “The first approved ETF was iShares' Silver Fund, which was launched in 2006. Due to the increasing use of silver in the industrial field, investors spread their funds towards this area. "Considering the usage areas of Ethereum, the same may be true for ETH spot ETFs," he said.
