VanEck: The Ethereum spot ETF will attract huge demand, and its market size may rival that of the Bitcoin spot ETF

2024-03-15 08:48:45

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ChainCatcher news, according to CoinDesk, VanEck portfolio manager Pranav Kanade stated that from a market perspective, the market size of a spot ETH ETF may be as large as a Bitcoin ETF, even if it is not larger than the spot Bitcoin ETF.

Furthermore, even without an ETF that can provide staking services, Ethereum remains an asset that can generate profits, so ETH as an asset may be more meaningful to more people than Bitcoin.

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VanEck Ethereum Spot ETF

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