Ethereum Warning from JP Morgan: “It Will Not Meet Expectations, A Fall May Come! Here’s Why!”

Last week the SEC spot Ethereum ETFAfter the initial approval is given to the ‘s, the final approval is expected.

At this point, expectations regarding possible inflows to ETH ETFs differ. JP Morgan He said ETH ETF inflows will not meet expectations.

According to Coindesk, JP Morgan reported in its latest report that spot Ethereum ETFs are likely to be closed for various reasons. Bitcoin He said it will see much lower demand than its ETFs.

JP Morgan analysts say they expect Ethereum ETFs to attract up to $3 billion in net inflows this year Staking’e He argued that this figure could rise up to 6 billion dollars if allowed.

Analysts said that Bitcoin has a first mover advantage regarding ETFs and stated that the difference between Bitcoin and Ethereum is due to this advantage.

Analysts led by Nikolaos Panigirtzoglou included the following statements in the report:

“Bitcoin had a first-mover advantage, potentially saturating overall demand for crypto assets in response to spot ETF approvals.

However, Ethereum does not have the advantage that Bitcoin has. At this point, the lack of staking feature in spot ETH ETFs makes these ETFs less attractive compared to other platforms that offer staking returns.”

Finally, analysts stated that Grayscale’s spot Ethereum ETF will have a negative impact on the ETH price. “The market’s initial reaction to the launch of spot ETH ETFs will likely be negative as speculative investors who purchased the Grayscale Ethereum Trust (ETHE) in anticipation of its conversion to an ETF will likely sell and profit. According to our estimates, ETHE could see an outflow of $1 billion, which could put downward pressure on Ethereum prices.” said.

*This is not investment advice.