Ethereum Set to Eclipse Bitcoin: ETFs Could Catapult ETH to New Heights — K33 Research
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K33 Research suggests that the upcoming launch of spot Ethereum exchange-traded funds (ETFs) in the U.S. could make Ethereum outperform Bitcoin. Despite a potential initial dip, analysts believe these ETFs will drive significant capital inflows into Ethereum, mirroring Bitcoin's ETF success. They project net inflows of 0.75% to 1% of Ethereum's circulating supply within five months post-launch, setting the stage for substantial price appreciation. While market skepticism exists, industry figures expect Ethereum ETFs to receive approval by mid-July.
Source: www.newsbtc.com ↗
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