According to Odaily, Eric Balchunas, a senior ETF analyst, has shared his insights on the potential size of Ethereum ETFs. In a post on platform X, Balchunas suggested that the scale of Ethereum ETFs could be similar to that of Silver ETFs, which are approximately 15% the size of Gold ETFs.
He further stated that many investors may not feel the need to go beyond Bitcoin or Gold when configuring their cryptocurrency or precious metals investment portfolios. This implies that while Ethereum ETFs could grow to match the size of Silver ETFs, they may not necessarily surpass the size of Bitcoin or Gold ETFs.
Balchunas' analysis provides a perspective on the potential growth and positioning of Ethereum ETFs within the broader investment landscape. However, the actual growth of Ethereum ETFs will depend on a variety of factors, including market trends, investor sentiment, and regulatory developments.