Bloomberg ETF Analyst: It would be a huge victory if Ethereum ETF could capture 20% of Bitcoin ETF's share

ChainCatcher news, Cointelegraph on the X platform states that regarding the expected performance of the Ethereum spot ETF, Bloomberg ETF analyst Eric Balchunas indicated that there will be a "similar race," akin to the spot Bitcoin ETF, but with expected lower trading volumes.

Eric Balchunas said: "In terms of liquidity/trading volume/media attention/all aspects of expectations for the Ethereum spot ETF compared to the Bitcoin spot ETF, I would divide all the numbers you see for Bitcoin by 5. That is to say, by the standards of a typical ETF, if the Ethereum spot ETF can capture 20% of what the Bitcoin ETF does, that would be a huge win/successful launch."