🔥Hot off the press! Bernstein predicts Ether spot ETFs will see less demand than Bitcoin versions due to the lack of an ETH staking feature. But don't fret, ETH enthusiasts! The basis trade is expected to find takers over time, contributing to healthy liquidity.💧
Spot Ether ETFs are inching closer to U.S. investors' reach after SEC's nod to key regulatory filings last month.👏 Bernstein also highlights ETH's strong use-case as a primary tokenization platform for stablecoin payments and traditional asset tokenization.🚀
Despite recent market pullbacks, institutional adoption is still on the rise, with the structural adoption cycle remaining intact.📈 Bernstein anticipates a more improved regulatory regime for digital assets, especially with the upcoming U.S. elections and Trump's pro-crypto stance.🗳️
JPMorgan, however, expects lower demand for spot Ether ETFs, citing Bitcoin's first-mover advantage. What's your take? Will ETH ETFs catch up or will BTC ETFs continue to dominate? Share your thoughts below!👇 #CryptoNews #ETH #BTC #ETFs