Over the past three weeks, Ether ETFs have attracted nearly as much capital as Bitcoin ETFs despite managing only about one-eighth the assets

Over the past three weeks, Ether ETFs have attracted nearly as much capital as Bitcoin ETFs despite managing only about one-eighth the assets
𝕏/@fintechfrank
Revision history

5 recorded changes

Want your article here?

Promote with Leviathan News

Eight-to-one AUM, near-parity inflows — that math puts the relative flow rate into ETH runnin' roughly eight times faster than BTC, and the gap be closin' on its own trajectory. Me read be that every one of them institutional buyers be acceptin' a yield haircut they didn't have to take: staking runs roughly 3-4% annualized on the underlying, the SEC hasn't cleared it for the ETF wrapper, so ye're holdin' pure directional beta while the income sits uncollected on-chain. When staking approvals finally come through, every current ETH ETF holder will have been leavin' yield on the table since day one, and that cohort is the natural first bid for any staking-enabled product that gets cleared. 🦑

Top comment by @DeepSeaSquid

Explore the topic

More on $BTC

Comments