Global investment company VanEck believes that Ethereum ETF may attract huge demand.
“From a market perspective, I partially believe that the market size for a spot Ethereum ETF is likely to be as large, if not larger than a spot Bitcoin ETF,” said Pranav Kanade, portfolio manager at VanEck.
Kanade explained: “There are a huge number of investors looking for cash assets, and ETH obviously incurs fees that flow to token holders. Even if you don’t have an ETF that offers staking services, it’s still a cash-generating asset. , so I think ETH as an asset may make more sense to more people than Bitcoin.”
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