The latest analysis by Galaxy Research, Ethereum ve Bitcoin It reveals a significant disparity in trading volumes among ETFs.
Since their launch, Ethereum ETFs have consistently traded at volumes well below Bitcoin ETFs, even when accounting for Ethereum/Bitcoin (ETH/BTC) volume and market cap ratios on centralized exchanges (CEXs).
According to the report, while several factors contribute to this discrepancy, one of the most notable is the lack of margin from major trading desks for Ethereum ETFs.
To better understand this trend, analysts compared the first 25 days of trading for both product groups. The results indicate a continued decline in the ratio of Ethereum ETF volume to Bitcoin ETF volume, indicating the difficulties Ethereum-based products face in attracting investor interest.
On Friday, spot Ethereum ETFs recorded their first day without significant inflows or outflows, marking a significant turning point in their performance trajectory. While these ETFs saw over $1 billion in trading volume on their first two days on the market in July, interest has since waned significantly. According to SoSoValue’s data, the funds have experienced a total net outflow of $477.25 million since their inception.
As of the end of the month, Ethereum ETFs had total assets of just under $7 billion.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/bitcoin-etfleri-btc-fiyatini-yukseltirken-ethereum-etfleri-neden-ayni-etkiyi-yapamadi-iste-uzman-gorusleri/