Ethereum ETFs: A Bad Start or a Temporary Setback?
- Ethereum ETFs could have performed better if they had launched with the Bitcoin ETF in January, says Bitstamp US CEO Bobby Zagotta.
- Bitcoin ETFs launched on January 10, 2024, and have raised $17.5 billion in eight months.
- Ethereum ETFs, launched in July, have lost more than $600 million in two months.
- Zagotta attributes this to market uncertainty and competition with other cryptocurrencies.
- The situation may change at the end of the year. 💡