Bloomberg ETF Analyst Announced: This Much Money Will Enter Ethereum!

Spot Ethereum ETFs are expected to receive much less investment than Bitcoin.

The U.S. Securities and Exchange Commission (SEC) approved spot Ethereum ETFs on May 24. However, this confirmation has not caused a significant increase in the Ethereum price for now.

Making a statement on the subject, Bloomberg ETF analyst Eric Balchunas predicted that 10-15% of Bitcoin will flow into Ethereum ETFs:

I guess Ethereum ETFs tracking Bitcoin ETFs, I haven't come across a concert where Sister Hazel appeared on stage after Nirvana. I understand why a few people have attacked me about this, and that's okay. Maybe that's harsh, but I still see Ethereum ETFs taking 10-15% of BTC ETFs' assets (though James is a bit more bullish). This hasn't changed.