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

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

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The incoming United States-based spot Ether exchange-traded funds (ETFs) may only be a “sidekick” to the more established spot Bitcoin ETFs.

The inflows generated from the upcoming launch of spot Ether (ETH) ETFs could disappoint compared to the record-breaking inflows of spot Bitcoin (BTC) ETFs, according to Eric Balchunas, senior ETF analyst at Bloomberg.

Speaking exclusively to Cointelegraph, Balchunas said:

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