Brokerage firm Bernstein predicts that spot ETFs on Ethereum (ETH) will see less demand than similar products on Bitcoin (BTC). The lack of staking in Ethereum ETFs means fewer conversions to spot. Despite the recent downturn in the cryptocurrency markets, institutional adoption continues to grow. According to Bernstein, Ethereum, as a major tokenization platform, is gaining a strong position for both stablecoins and the tokenization of traditional assets and funds.