Ether ETFs will only be a ‘sidekick’ to Bitcoin ETFs: Bloomberg analyst

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Bloomberg analyst Eric Balchunas suggests Ether ETFs will be overshadowed by Bitcoin ETFs, predicting lower inflows for the upcoming Ether ETF launch.

Inflows from the Ether ETF launch may disappoint compared to the record-breaking inflows generated by the launch of the U.S. spot Bitcoin ETFs

However, Ophelia Snyder, the co-founder of 21Shares, expects the Ether ETF launch to perform well in terms of inflows. She told Cointelegraph:

 

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