Ethereum ETF: Big Hopes, Challenges, and Risks
2024-06-27![Ethereum ETF Harapan Besar, Tantangan, dan Risiko (1).png](https://static.bittime.com/cms-static/upload/Ethereum_ETF_Harapan_Besar_Tantangan_dan_Risiko_1_43f38e3563.png)
Bittime - Bitwise's Matt Hougan predicts cash flow $15 billion to Ethereum ETFs in the next year and a half, based on a comparison of Ethereum's market capitalization with Bitcoin and international ETF market data.
JPMorgan, on the other hand, expects more moderate fund flows, i.e $1-3 billion, because Ethereum has no “first-mover” advantage and no halving event.
Challenges and Potential of Ethereum ETFs
Bernstein argued that without staking, direct ownership of Ethereum might make more sense. Coupled with the fund's expense ratio, this is a consideration for investors.
Andrew Kang of Mechanism Capital predicts an Ethereum price correction of 30% after the launch of the ETF, arguing that the ETF approval was “calculated” and Ethereum needed to improve its performance.
Comparison of Ethereum ETF with Bitcoin ETF
Bloomberg analyst Eric Balchunas notes that an Ethereum ETF may only attract approx 10% from the funds successfully raised by the Bitcoin ETF.
CoinFund's Christopher Perkins said that Ethereum's main challenge remains branding, given the "soft" response to previous ETH Futures launches.
Anticipate Post-Halving Bitcoin Strength
Bitcoin may overshadow Ethereum and its ETFs in the near future due to anticipated post-halving BTC strength.
Investment Conclusions and Risks
The launch of the Ethereum ETF was anticipated with mixed views. Only time will tell how this Ethereum ETF performs in the market.
It is important to remember that investing in crypto always carries risks. Do your own research before investing and only invest what you can afford to lose.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification.
Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet.
For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor graphic movement Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
![Lucky Draw Rp15 Juta](http://m.bittime.com/m-static/banner/Lucky Draw Banner Ads. Banner Website 1600x640.png)
![PLPA Listing Announcement](http://m.bittime.com/m-static/banner/Palapa Listing Announcement.png)