According to BlockBeats, on July 23, London investment management company Farside Investors released a report stating, “We believe that the inflow of funds to Ethereum ETFs may be smaller than that of Bitcoin ETFs for the following reasons:
1. Bitcoin ETF was approved first, attracting more attention;
2. Before the approval of the US spot ETF, the market size of Bitcoin’s exchange-traded products (ETP) was larger than that of Ethereum;
3. The lack of staking functionality makes the Ethereum ETF relatively unattractive;
4. Bitcoin is more relevant as a financial asset, while Ethereum focuses more on decentralized applications (dApps) and on-chain usage. "
