{"id":135760,"date":"2024-08-18T17:00:03","date_gmt":"2024-08-18T14:00:03","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135760"},"modified":"2024-08-18T03:12:18","modified_gmt":"2024-08-18T00:12:18","slug":"ethereum-etfs-set-to-challenge-bitcoin-dominance-claims-vc-expert","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-etfs-set-to-challenge-bitcoin-dominance-claims-vc-expert\/","title":{"rendered":"Ethereum ETFs Set to Challenge Bitcoin Dominance, Claims VC Expert"},"content":{"rendered":"
He anticipates that Ethereum<\/a> <\/strong>ETFs are poised to capture a significant share of investment flows traditionally directed towards Bitcoin<\/a><\/strong> ETFs. Spencer predicts that a 50-50 split between Bitcoin and Ethereum investments could become the new norm.<\/p>\n Spencer noted that Ethereum ETFs have gained substantial traction, often attracting more investment than Bitcoin ETFs on certain days. This shift reflects a broader trend where institutional investors are increasingly balancing their portfolios between both cryptocurrencies. As traditional finance (TradFi) capital begins to enter the crypto space, the introduction of Ethereum ETFs is reshaping investment strategies, with many institutions aiming for equal exposure to Bitcoin and Ethereum.<\/p>\n He emphasized that the launch of Bitcoin ETFs has been exceptionally successful, with over $20 billion in net inflows since January. This success has drawn interest from major financial institutions such as Goldman Sachs and Morgan Stanley. Despite this, some hedge funds and banks have been cautious, scaling back their positions in the second quarter of 2024.<\/p>\n