According to TechFlow, Bitstamp Americas CEO Bobby Zagotta said at the TOKEN2049 conference that if the Ethereum ETF and the Bitcoin ETF were launched at the same time in January this year, the performance might be better.
Data shows that Bitcoin ETFs had a net inflow of $17.5 billion in eight months, while Ethereum ETFs had a net outflow of more than $600 million in two months. Zagotta believes that this is mainly affected by the current market environment, with investors taking a wait-and-see attitude due to factors such as elections and regulation.
He noted that Ethereum is facing unprecedented competition, with alternatives such as Solana gaining traction. Despite this, Zagotta is cautiously optimistic about the market outlook at the end of the year, predicting that the fourth quarter may see a "real price rally" including for altcoins.
