Odaily Planet Daily BRN analyst Valentin Fournier said that BTC ETF has been pumping for seven consecutive days, while the Ethereum ETF has lagged behind. Valentin Fournier explained:"This indicates a lack of institutional investor interest in the Ethereum ETF, partly due to the lack of opportunity cost for re-staking, and it is recommended to allocate more funds to BTC, as Ethereum is expected to continue to lag behind." (TheBlock)
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Marbledhero
· 2024-08-26 15:03
Suggests redirecting funds to BTC, stating that ETH funds lack institutional investor interest in ETFs.
BRN analyst: Lack of institutional investor interest in ETH ETF, recommend shifting funds to BTC
Odaily Planet Daily BRN analyst Valentin Fournier said that BTC ETF has been pumping for seven consecutive days, while the Ethereum ETF has lagged behind. Valentin Fournier explained:"This indicates a lack of institutional investor interest in the Ethereum ETF, partly due to the lack of opportunity cost for re-staking, and it is recommended to allocate more funds to BTC, as Ethereum is expected to continue to lag behind." (TheBlock)