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AI Powered Career Pathing for Students ✌️【Job Listing】✌️Unlock the power of smart investing with just ₹500. Watch your profits grow!The demand for spot ether (ETH) exchange-traded funds (ETFs) will be a lot lower than for their bitcoin (BTC) equivalents for a number of reasons, JPMorgan said in a research report on Thursday.JPMorgan said it expects spot ether ETFs to attract as much as $3 billion of net inflows for the rest of this year.

If staking is permitted, the figure could rise as high as $6 billion, it said.“Bitcoin had the first mover advantage, potentially saturating the overall demand for crypto assets in response to spot ETF approvals,” analysts led by Nikolaos Panigirtzoglou wrote.Ether ETFs are close to becomingavailable in the U.S.after the Securities and Exchange Commission (SEC) approved key regulatory filings from applicants last week.

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