🚀 New Data on Spot Bitcoin and ETH ETFs! 🚀
A year ago, the crypto world was buzzing with anticipation as the SEC finally approved spot Bitcoin and Ethereum ETFs. But the mega-rise everyone was waiting for? It didn’t quite happen.
Galaxy Research just dropped a report that sheds light on what’s going on. Since launch, Ethereum ETFs have seen much lower trading volumes compared to Bitcoin ETFs and are lagging behind ETH/BTC CEX ratios. Why? Top-tier trading desks haven't started offering margin for ETH ETFs—yet.
But here’s the exciting part: Galaxy Research predicts that margins on ETH ETFs could soon be on the horizon, possibly sparking the next big wave in the crypto market.
