• Ethereum ETFs faced slow growth due to market conditions and timing.

• Bitwise CEO notes seasonal slowdown and Bitcoin dominance as factors.

• Ethereum ETFs still rank among the top 25 fastest-growing ETFs in 2024.

Hunter Horsley, CEO of Bitwise, analyzed the underperformance of Ethereum ETFs compared to their Bitcoin counterparts. Despite these challenges, Horsley remains optimistic about Ethereum’s ETF market, emphasizing that some funds rank among the fastest-growing in 2024.

"Why didn't the Ethereum ETFs do better?"

A question I got at an event last week. A few comments I thought I'd share here.

First, how do you judge success? The ETPs from iShares, Fidelity, and Bitwise are all in the top 25 fastest growing new ETPs this year.

I do think 3… https://t.co/yWT9ifxqaV

— Hunter Horsley (@HHorsley) October 20, 2024

Since its inception, Ethereum ETFs have faced numerous challenges that have slowed their adoption rate and popularity relative to Bitcoin ETFs. Bitwise CEO Hunter Horsley offered insights on why they haven’t garnered the same level of success as anticipated. During a recent event, the top executive acknowledged the slower growth and highlighted thr…

The post Ethereum ETFs: Slow Start, But Future Bright, Says Bitwise CEO appeared first on Coin Edition.