🪙 Ethereum ETFs may capture only 15% of Bitcoin ETF assets, says Bloomberg analyst
#Bloomberg Senior ETF Analyst Eric Balchunas tempered the excitement over spot Ethereum #exchange -traded funds (ETFs), suggesting they may attract only a fraction of the investments seen in #BitcoinETFs . On May 20, reports indicated a 75% chance that the US Securities and Exchange Commission (SEC) would approve an $ETH ETF, starkly contrasting the previous pessimism surrounding the financial instruments.