CF Benchmarks CEO: Ethereum spot ETF demand may continue to grow in the coming months
Sui Chung, CEO of index provider CF Benchmarks, said that demand for Ethereum spot ETFs is likely to continue to grow in the coming months, and more wealth managers are expected to offer such products to clients.
"We expect that once wealth managers and financial advisors have completed the education process on what Ethereum is, its utility and why they should hold it alongside a Bitcoin ETF, the amount of money flowing into an Ethereum ETF will continue to climb," said Mr. Chung. "The education process will educate investors about the Ethereum economy and highlight the main differences between it and Bitcoin, thus making it clear that the distributional drivers are different and both belong to a balanced portfolio."