$ETH #ETHETFsApproved Ethereum is likened to Amazon in the 1990s when its potential was not recognized by many investors. Leena ElDeeb from 21Shares believes that the spot Ether ETF fund will attract strong interest as investors gain a better understanding of Ethereum. Although Ethereum's current market capitalization is only 6.25% of Amazon's, it has the advantage of 200,000 developers building the ecosystem.

Many investors remain cautious about the spot Ether ETF due to a lack of clarity regarding the potential and use of Ethereum. Inflows into the Ether ETF only reached 9% compared to the Bitcoin ETF in the first 90 days. However, experts predict that interest will grow as the market matures and Ethereum evolves further.