Why Ether ETFs Flop?

While Bitcoin ETFs Raised Nearly $19 Billion in 10 Months, ETH Has Seen Negative Cash Flows of $546M Since Launch. What's the Problem with ETH ETFs? Why Are They Failing to Attract Cash Flows? Experts Point Out 4 Reasons:

1️⃣No Staking Yield: Holding an Ether ETF doesn't allow you to stake for profit. Many crypto enthusiasts would rather own and stake than forgo yield to invest in ETFs.

2️⃣Undefined Value: BTC is clearly "digital gold" due to its limited supply, while ETH doesn't have much to sell yet.

3️⃣Weak Price Performance: ETH is up just 4% year-to-date while BTC has pumped 42%. With a 30% drop since the ETF's launch, it's no wonder retail investors aren't very interested in ETH.

4️⃣Unattractive valuation: With a market cap of $290 billion, Ether is valued higher than any bank in the world. Many investors will find this price a bit "expensive".

In short, although ETH is the top altcoin on the market, its ETF still "flops miserably" compared to how Bitcoin ETFs perform. So what do ETH holders think? Will ETH break out again soon?

According to 5PhutCrypto