Tepid Response to Ether ETFs Prompts Focus on Bitcoin, Say Market Experts

Recent data reveals a tepid response to the launch of nine Ether (ETH) futures exchange-traded funds (ETFs), leading market experts at K33 Research to advocate for a stronger focus on Bitcoin (BTC). K33s market report from October 3, authored by analysts Anders Helseth and Vetle Lunde, highlighted that the initial trading volume of these Ether ETFs comprised a mere 0.2% of the debut numbers witnessed by the ProShares Bitcoin Strategy ETF in October 2021. While Bitcoins impressive performance was anticipated, especially considering its launch during a bullish market phase, the Ether ETFs...



source: https://tokenpost.com/Analysts-Recommend-Shifting-Focus-from-Ether-ETFs-to-Bitcoin-Due-to-Market-Performance-10781

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