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Kaiko: Spot Ethereum ETF may outperform Bitcoin after launch

A new report from Kaiko shows that Ethereum could outperform Bitcoin following the highly anticipated launch of the Ethereum exchange-traded fund (ETF) in the United States. The report notes that the current price ratio of Ethereum to Bitcoin is 0.05, higher than the 0.045 before the Securities and Exchange Commission (SEC) approved the spot Ethereum ETF, indicating that the price of Ethereum is rising relative to Bitcoin. The report also emphasizes that 1% of Ethereum...

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2024-07-15 22:18:01
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