Investors who would likely buy spot ETFs, as opposed to the respective tokens, may view bitcoin and ether as similar enough to split their allocations between the two cryptocurrencies, rather than viewing them as distinct assets, Citi said. That means ether may see flows that had been earmarked for bitcoin ETFs rather than additional allocations.
Ether (ETH) Spot Exchange-Traded Funds (ETFs) Could See Up to $5.4B of Net Inflows in First 6 Months: Citi
