🚀 News Flash: ETH ETFs underwhelm, time to "rotate back" into BTC? 🤔

K33 Research analysts suggest it's time to "pull the brakes on ETH and rotate back into BTC" after the disappointing performance of 9 new Ethereum futures ETFs. 📉

- ETH futures ETFs' initial trading volume was only 0.2% of ProShares Bitcoin Strategy ETF (BITO) on its first day in Oct. 2021. 😮

- Analyst Vetle Lunde retracts previous advice to increase ETH allocation, stating "increased institutional access will only create buying pressure if significant unsatiated demand exists."

Lunde believes the crypto market will continue its sideways trajectory, with only Bitcoin showing promise due to potential ETF approval and the upcoming halving event. 📈

What do you think? Is it time to switch back to BTC? Share your thoughts in the comments! 💬