Some analysts believe an Ethereum ETF can be more successful than the Bitcoin ETF. For example, Grayscale’s Ethereum Trust (ETHE) is witnessing more institutional investors flocking to Grayscale’s Bitcoin Trust (GBTC). Some investors are always Ethereum-first.
The excitement for bitcoin futures-based exchange-traded fund (ETF) is at an all-time high and the surge in bitcoin prices clearly proves that. The cryptocurrency hovered around record levels on Wednesday, a day after the first US bitcoin ETF began trading.