The upcoming launch of Ether (ETH) exchange-traded funds (ETFs) may not generate the same level of inflows as the record-breaking Bitcoin (BTC) ETFs, according to Bloomberg's senior ETF analyst, Eric Balchunas. While Bitcoin's value proposition is easier to understand, Ethereum's wider decentralized finance (DeFi) ecosystem is more complex, making it harder for traditional retail investors to grasp. Despite this, Ophelia Snyder, co-founder of 21Shares, expects the Ether ETF launch to perform well. The Securities and Exchange Commission (SEC) has stated that the Ether ETF launch is progressing smoothly in the U.S.