Bitfinex Derivatives Head: Ethereum Spot ETF May Divert About 10-20% of Funds from Bitcoin ETF

ChainCatcher news, according to The Block, Bitfinex's derivatives head Jag Kooner stated that an Ethereum spot ETF could attract 10-20% of the funds currently flowing into Bitcoin ETFs.

He mentioned that the inflow situation for the Ethereum spot ETF largely depends on whether the U.S. Securities and Exchange Commission will allow or deny clarification on staking for the Ethereum spot ETF in the future.