While interest in ETH ETFs could be buoyed by the ongoing shift toward tokenization, market watchers aren't expecting these funds to be anywhere near as popular as those tracking Bitcoin's spot price.
While interest in ETH ETFs could be buoyed by the ongoing shift toward tokenization, market watchers aren't expecting these funds to be anywhere near as popular as those tracking Bitcoin's spot price.
The risk associated with cryptocurrencies hasn't stopped some of the largest banks in America, wealth management funds, or even pension funds from adding Bitcoin ETFs to their portfolios.
Di Lewis argues that its failure to evolve as a medium of exchange threatens its existence in the face of stablecoins, institutional ownership, and resistance to progress.
Despite high hopes for the Bitcoin halving event, market reactions have leaned toward sell-offs, keeping the cryptocurrency below anticipated values. Alongside this, Bitcoin ETFs have experienced substantive outflows, signaling potential shifts in investor confidence.
The debut receieved a cool reception from traders, with a trading volume of just 12 million USD. However, there is rumblings about a future where the funds could open up to residents of mainland China.
