Hey BTC enthusiasts! 🎉 While we're all still buzzing from the successful launch of multiple Bitcoin spot ETFs in the US, Bloomberg ETF analyst Eric Balchunas says an Ethereum spot ETF might be "small potatoes" in comparison. 🥔

According to Balchunas, both anecdotal and public data suggest Ethereum ETFs will be "nothing close" to their Bitcoin counterparts, which have raked in over $7 billion in net flows since January 11. 📈

Comparing the two, Ethereum futures ETFs launched last year generated tiny flows and volume compared to Bitcoin's first futures ETF in October 2021. 📉 And in Canada, the Purpose Ether ETF has an AUM of $458 million CAD, while the company's Bitcoin ETF boasts $2.5 billion AUM. 💰

A Bitwise survey also found that 71% of registered investment advisors favored Bitcoin over Ethereum. 🏆 So, while Ethereum ETFs may be on the horizon, they might not make as big a splash as our beloved BTC! 🌊🚀