I am optimistic that once the Bitcoin ETF is successfully approved by the SEC this year, 2024; there is the possibly of an ethereum ETF in near future. I think that the success of the Bitcoin ETF will determine wether there may be other ETF, for instance, ethereum, Binance, Tron, Solana, polygon ETFs. Now, Do you think other ETFs could follow Bitcoin ETF? Just your thoughts, thank you.
Ethereum always follow bitcoin in every ways , from growth to dumping and from regulations around the world ,
though bitcoin ETF have already approved months ago yet Ethereum seems to be following sooner, but we cannot expect this 2024 not unless issues will be resolved so this will come stronger this 2dn or 3rd quarter.
Ethereum’s structure fundamentally differs from Bitcoin’s.
The SEC technically approved the BTC ETFs using a 3-year look-back correlation analysis and Bitcoin has less for a potential lawsuit.
But who knows
I hope your prediction is right, the issue is solved, the ETF ETH narrative will become stronger in the 2nd or 3rd quarter and approval from the SEC will come sooner than we expect.