**Ether ETFs Struggle Post-Launch, But Optimism Remains**
Ether exchange-traded funds (ETFs) have underperformed since their launch in July, according to Bitstamp's Bobby Zagotta. Speaking at TOKEN2049, Zagotta noted that Ether ETFs would have fared better if they had launched alongside Bitcoin ETFs in January. Bitcoin ETFs saw $17.5 billion in net inflows over eight months, while Ether ETFs experienced $600 million in net outflows in just two months.
Zagotta attributes this to current market conditions, including election uncertainty and regulatory issues in the US. Despite the challenges, he remains cautiously optimistic about a market rebound in the fourth quarter.