BlockBeats news, May 25, according to CryptoSlate, Bloomberg ETF analyst James Seyffart believes that Ethereum spot ETF demand may reach 20% to 25% of Bitcoin spot ETF. Seyffart expressed his position in an interview hosted by Bitwise, adding that his colleague, Bloomberg ETF analyst Eric Balchunas, believes that the new fund will see 15% to 20% demand. Seyffart compared the two estimates with the fact that Ethereum's market value is about 30% of Bitcoin's $1.4 trillion market value, calling his estimate a "discount" in this regard. He attributed the difference to certain limitations of each product. ETH ETF issuers will not participate in staking, which means that ETF investors cannot earn returns, unlike ETH holders. In addition, Ethereum's on-chain utility is stronger than Bitcoin, and ETF investors will not be able to access these utilities. Ultimately, Seyffart predicts that the spot Ethereum ETF will have a "grand launch", but it will not be as grand as the spot Bitcoin ETF. “There will be demand,” he concluded.