According to a report cited by Coindesk, the demand for Ethereum spot ETF is expected to be much lower than that of Bitcoin spot ETF. This aligns with the previous view of JPMorgan, emphasizing that ETH does not have the demand catalyst of Bitcoin halving and the value proposition of Bitcoin investors is different from that of ETH, making them incomparable.
What Sets Apart Bernstein and JPMorgans Perspectives on Ethereum Spot ETF Demand Compared to Bitcoin