Ethereum ETF To Grab Only 20% Of Spot BTC ETFs Success, Says ETF Analyst
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Eric Balchunas, a senior ETF analyst at Bloomberg, expects the ETH ETF inflows to get only 20% of spot BTC ETFs inflows and trading volume. The analyst suggested an estimated initial influx of $1 billion or 2 in the first few weeks. However, he noted that even 20% of Bitcoins traction would signify a huge win. Balchunas also highlighted the significance of ETHs shares across different global spot markets. In the US, ETH maintains over 15% while BTC boasts more than 80% share.
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