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A recent report from K33 remarked how the Bitcoin futures ETF is preferred over the Ethereum futures ETF.
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The first Bitcoin futures ETF, released in 2021, accumulated only $1 Billion in trading volume.
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Nine Ethereum futures ETFs launched collectively on October 2, 2023, collected $2 Million in trading volume.
Crypto-based exchange-traded funds do not follow the same excitement following the launch. A recent example came in the wake of Ethereum futures ETFs that struggled to garner volume. It was in huge contrast to Bitcoin futures ETF’s first-day trading volume. Such deductions presented in a recent report from K33 research suggest to halt putting a wager on Ethereum and go for Bitcoin instead.
The report titled Underwhelming Demand for Ether ETFs by senior analyst Vetle Lunde and Vice President Anders Helseth was released on October 3, 2023. It noted the recently launched Ethereum futures ETFs were expected to perform relativel
We współpracy z: https://www.thecoinrepublic.com/2023/10/05/bitcoin-should-be-preferred-over-ethereum-for-a-while-report/
