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CF Benchmarks CEO: Demand for Ethereum spot ETFs may continue to grow in the coming months

2024-08-27 09:13:53
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ChainCatcher news, Sui Chung, CEO of index provider CF Benchmarks, stated that demand for Ethereum spot ETFs may continue to grow in the coming months, and more wealth management companies are expected to offer such products to their clients.

Sui Chung said: "We expect that once wealth managers and financial advisors complete the educational process about what Ethereum is, its utility, and why they should hold it alongside Bitcoin ETFs, the inflow of funds into Ethereum ETFs will continue to rise. The educational process will help investors understand the Ethereum economy and highlight the key differences from Bitcoin, thereby fully illustrating that the allocation drivers are different, and both belong to a balanced portfolio."

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