Odaily Planet Daily News IntoTheBlock said in the latest weekly newsletter: "The upcoming Ethereum spot ETF may have a greater substantial impact on ETH because it will bring in a new wave of investors. Since ETH's supply is highly concentrated in the hands of long-term participants, if its ETF inflows are comparable to Bitcoin's inflows, then this may have a huge impact." Ilan Solot, co-head of digital assets at Marex Solutions, said that pessimism may actually lead to Ethereum's outperformance. "Ubiquitous pessimism is a strong foundation for outperformance. The same is true for the 'sell news' strategy. Many people expect Ethereum to emulate the historical performance of the Bitcoin ETF," Solot said in an email. "However, I am concerned that comparing many inflow forecasts to Bitcoin ETF data may be over-benchmarked (such as 'ETH will attract 20% of Bitcoin ETF inflows'). The prevalence of delta-neutral transactions (arbitrage transactions) may confuse such comparisons and overestimate potential price impacts." (CoinDesk)
