Big money hasn’t come in yet, and the US SEC’s approval of the Ethereum spot ETF has raised expectations for a large influx of funds. However, JPMorgan Chase warned that these hopes may be overly optimistic compared to the Bitcoin spot ETF.
Ethereum is mainly seen as an application token, but don’t forget that a lot of Bitcoin is on Ethereum. Ethereum is not just an application, it also has the attributes of Bitcoin to a certain extent!