Crypto analyst Crypto Kaleo has explained why he believes Bitcoin will continue outperforming Ethereum in the short term. He made this assertion based on his belief that the Spot Ethereum ETFs will not instantly have the impact that many expect it to have on ETH’s price.
Bitcoin Will Continue To Outperform Ethereum For Now
Crypto Kaleo stated in an X (formerly Twitter) post that he doesn’t believe that the hype around the Spot Ethereum ETFs launch next week will lead to Ethereum outperforming Bitcoin. Instead, he predicts ETH will dip against its Bitcoin pair next week. He noted that the hype around the Spot Ethereum ETFs launch is warranted but suggested that they won’t cause Ethereum to outperform Bitcoin “until a couple of months later.”
Crypto analysts like Michaël van de Poppe had previously predicted that these Spot Ethereum ETFs would lead to massive moves for Ethereum while also suggesting that these funds could kickstart altcoin season as Ethereum and
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