Viewpoint: The inflow of funds into SpotETH ETF may be less than BTC.

2024-07-22 21:59:39

Abstract generation in progress

Jinse Caijing reported that, according to Farside Investors on the X platform, "We believe that the inflow of funds into Spot Ether ETF may be less than that of BTC, for the following reasons:

SpotBTC ETF was approved first, attracting more long followers.
Before the approval of the US Spot ETF, the market size of BTC ETP is larger than that of ETH;
The lack of stake makes the attractiveness of ETH ETF relatively small;
BTC has higher correlation as a financial asset, while ETH focuses more on DAPP and on-chain applications.

ETH-0.03%

BTC0.66%

X3.73%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

Reward
like
1
Repost
Share

Comment

0/400

HiepNguyen

· 2024-07-22 22:13

BUIDL 🧐

Reply0

Topic
#Gate Alpha Share Challenge
51k Popularity
#Altcoin Market Rebound
10k Popularity
#RWA Growth Continues
7k Popularity
#Gate Alpha New Listings
33k Popularity
#Fed Rate Cut Expectations
9k Popularity

Sitemap