🤔
What's happening with ETH ETFs? The situation seems critical
📉
Unlike Bitcoin ETFs, which have seen $20 billion in inflows to date, Ethereum ETFs have seen $500 million in withdrawals.
🤨
According to some specialists, the low activity of these funds is due to the complexity of the Ethereum network. While Bitcoin is seen as a currency that serves as a store of value, Ethereum is a smart contract network that requires deeper analysis, which ends up not attracting venture capital.
➡️
Will ETFs rise? Some specialists believe so. However, ETH remains in a sideways channel above $2,500, which makes it unattractive. Some expect 2025 to be its year, but... will institutions be willing to wait that long?
😭
=Too bad for ETH ETFs!
🥱
=Ethereum is still on hold...
😢
=2025 seems too far away.