Why Are Ethereum ETFs Underperforming? Bitwise CEO Reveals
Source: Bitcoinist The launch of spot Ethereum exchange-traded funds (ETFs) has not met the high expectations set by their Bitcoin counterparts, leading industry experts to analyze the underlying reasons. Since their inception on July 23, all spot ETH ETFs have seen outflows of $463 million, according to Farside Investors data. The main culprit is Grayscale’s…