BRN analyst: Lack of institutional investor interest in ETH ETF, recommend shifting funds to BTC

2024-08-26 13:28:31

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)

BRN2.88%

ETH-1.15%

BTC-0.06%

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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.

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