Ether ETFs Set to Launch Next Week, Expected to Outperform Bitcoin
SEC approval of spot Ether ETFs could drive significant inflows and bolster Ether's market performance relative to Bitcoin.
- The SEC has asked firms to submit final documents for Ether ETFs, with trading likely to begin on July 23.
- Analysts predict Ether ETFs could see up to $15 billion in inflows in the first 18 months.
- Ether's price is expected to rise, potentially reaching new all-time highs above $5,000.
- Bitcoin ETFs have seen strong inflows, contributing to Bitcoin's recent price surge to over $66,000.
- Institutional investors are anticipated to diversify their crypto portfolios with both Bitcoin and Ether ETFs.