Spot Ethereum ETFs could capture as much as a fifth of the investment flows currently directed towards spot bitcoin exchange-traded funds , an analyst said.
The Bitfinex analyst provided a historical example of how fund managers divert funds between multiple related ETFs to balance their exposure. "The launch of gold ETFs offers a historical parallel, as when new gold ETFs were introduced, they attracted significant investment, which in turn affected the inflows into existing financial products related to gold.
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