🚀 Attention crypto-investors! Analysts at K33 Research suggest it's time to put the brakes on Ethereum and get back to Bitcoin (BTC) 🔄. Ether futures ETFs have had a disappointing performance, with initial trading volume down just 0.2% compared to the ProShares Bitcoin Strategy ETF (BITO) on its first day of trading in October 2021.
📉 Lack of institutional appetite for Ether ETFs led Vetle Lunde to change his previous advice to increase the ETH allocation.
🔮 Lunde predicts that the majority of the crypto market will follow a sideways trajectory in the near term, favoring only Bitcoin, which has a possible spot ETF for early next year and the halving event planned for mid-April.
💬 What do you think of this perspective? Comment below!
📉 Lack of institutional appetite for Ether ETFs led Vetle Lunde to change his previous advice to increase the ETH allocation.
🔮 Lunde predicts that the majority of the crypto market will follow a sideways trajectory in the near term, favoring only Bitcoin, which has a possible spot ETF for early next year and the halving event planned for mid-April.
💬 What do you think of this perspective? Comment below!