Analyst Says ETH Price Will Struggle As Spot Ethereum ETFs Expectations Crash 📉
Pseudonymous trader and analyst Roman predicts a short-term struggle for ETH prices, urging investors to lower their expectations. He points to a decrease in hype around Spot Ethereum ETFs, leading to significant outflows. Roman believes Bitcoin will absorb liquidity, keeping altcoins like Ethereum sidelined until traders rotate capital from Bitcoin when it peaks.
During a Hall of Flame interview, Roman observed Ethereum's underperformance until Bitcoin's rise to $40,000 in 2020. Currently, Ethereum is 33% down from its ATH while Bitcoin hit a new ATH this year. Roman sees a liquidity shift to Ethereum when Bitcoin corrects from a $120,000 target.
Analysts like Katalin Tischhauser from Sygnum Bank predict lower inflows into Spot Ethereum ETFs relative to Spot Bitcoin ETFs, primarily due to Ethereum's lesser recognition and smaller market cap. Despite initial net outflows, these Ethereum ETFs saw a $33.7 million inflow by July 30 according to Farside Investors data.
Vergelijkbare artikelen
Analyst Predicts Significant Growth for Ethereum ETFs
Spot Ethereum ETFs Attract Significant Investment, Surpassing Bitcoin ETFs Since November
Pentoshi Highlights Ethereum’s Potential as Spot ETF Demand Rises
Spot Ethereum ETFs Exhibit Similar Trend To Spot Bitcoin ETFs, Market Expert Observes
Ethereum ETF vs Bitcoin ETF: a comparison on investment flows
Expert Predicts Equal Bitcoin and Ethereum ETF Allocations
Ethereum ETFs Set to Mirror Bitcoin’s Success: Will They Capture the Same Market Buzz?
Ethereum ETFs vs. Bitcoin ETFs: Which one should you bet on?
Analyst Predicts Ethereum ETFs Growth
Ethereum ETFs Could Reach $10B AUM In First Year Of Trading, Says Sygnum Bank Researcher
Ethereum ETF To Snatch 50% Of Bitcoin ETF Inflows, Expert Predicts
Ethereum Demand Declines as Bitcoin ETFs Dominate: Analysts Weigh In
Ethereum ETFs Struggle for Volume: Analyzing the Disparity with Bitcoin ETFs
Ethereum ETFs Struggle to Compete with Bitcoin ETFs Amidst Low Trading Volumes and Lack of Leverage Options
Ethereum ETFs Poised for Explosive Growth: Projected to Reach $10 Billion in Initial Years
Spot Ethereum ETFs Attract Significant Investment, Surpassing Bitcoin ETFs Since November
Pentoshi Highlights Ethereum’s Potential as Spot ETF Demand Rises
Spot Ethereum ETFs Exhibit Similar Trend To Spot Bitcoin ETFs, Market Expert Observes
Ethereum ETF vs Bitcoin ETF: a comparison on investment flows
Expert Predicts Equal Bitcoin and Ethereum ETF Allocations
Ethereum ETFs Set to Mirror Bitcoin’s Success: Will They Capture the Same Market Buzz?
Ethereum ETFs vs. Bitcoin ETFs: Which one should you bet on?
Analyst Predicts Ethereum ETFs Growth
Ethereum ETFs Could Reach $10B AUM In First Year Of Trading, Says Sygnum Bank Researcher
Ethereum ETF To Snatch 50% Of Bitcoin ETF Inflows, Expert Predicts
Ethereum Demand Declines as Bitcoin ETFs Dominate: Analysts Weigh In
Ethereum ETFs Struggle for Volume: Analyzing the Disparity with Bitcoin ETFs
Ethereum ETFs Struggle to Compete with Bitcoin ETFs Amidst Low Trading Volumes and Lack of Leverage Options
Ethereum ETFs Poised for Explosive Growth: Projected to Reach $10 Billion in Initial Years