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JPMorgan Predicts ‘Negative’ Initial Reaction for Ethereum ETFs — Expects Lower Demand Than Bitcoin ETFs

June 1, 2024
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JPMorgan has predicted an preliminary damaging market response for spot ethereum exchange-traded funds (ETFs), anticipating decrease demand in comparison with bitcoin ETFs. The worldwide funding financial institution additionally cautions that roughly $1 billion might exit the Grayscale Ethereum Belief, placing downward stress on ether costs shortly after the launch of spot ethereum ETFs. ‘Preliminary Market Response to […]



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Tags: BitcoindemandETFsEthereumexpectsInitialJPMorganNegativePredictsReaction
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