Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ETHEREUM NEWS»Ethereum ETF is off to a rocky start but maintains strong growth potential, Bitwise CEO confirms.
ETHEREUM NEWS

Ethereum ETF is off to a rocky start but maintains strong growth potential, Bitwise CEO confirms.

By Crypto FlexsOctober 23, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum ETF is off to a rocky start but maintains strong growth potential, Bitwise CEO confirms.
Share
Facebook Twitter LinkedIn Pinterest Email
Receive, manage and grow your cryptocurrency investments with Brighty

Bitwise CEO Hunter Horsley explained why he believes the recently launched Ethereum spot exchange-traded fund (ETF) has significantly lower trading volume and inflows compared to Bitcoin.

In an October 21 post on

According to SoSoValue data, BlackRock’s ETHA recorded net inflows of $1.45 billion, while Fidelity’s FETH and Bitwise’s ETHW saw inflows of $498 million and $321 million, respectively.

Overall, the data shows that the Ethereum ETF experienced negative flows of approximately $500 million due to significant outflows from the Grayscale Ethereum Trust and tepid demand for other ETH funds.

Why Ethereum ETF Is Struggling

Horsley highlighted some of the reasons behind the slow start of the Ethereum ETF, explaining that one of the key factors affecting the product is the timing of its launch.

According to him, the Ethereum ETF was launched in the summer, a traditionally slow investment period when investors monitor market activity rather than launching new projects.

He added that the Ethereum ETF debuted in a relatively flat market, while the Bitcoin ETF emerged during a bull market and received more attention and investment. Horsley pointed out that when the Ethereum ETF was launched, many investors were still focused on Bitcoin, making it difficult for Ethereum to gain traction.

He explained:

“Many traditional investors have needed, and will continue to need, some time to figure out how to integrate Bitcoin following the launch of ETPs. “Ethereum arrived before that problem was solved, so it was difficult to divert attention.”

What about staking?

Horsley also cited concerns about whether the lack of a staking feature would have a significant impact on the Ethereum ETF.

The Bitwise CEO stated that he does not believe the lack of staking returns is a significant issue, noting that most ETH holders are not currently staking their assets.

However, Horsley highlighted the success of Bitwise’s European franchise, which offers a fund (ET32) that provides exposure to Ethereum while earning staking rewards. He said the fund had been growing “excellently” and that similar features would benefit US-based funds.

Staking is an important element of Ethereum’s Proof of Stake (PoS) system, where users lock up Ethereum to verify transactions and earn rewards. However, the U.S. Securities and Exchange Commission (SEC) has expressed concerns that staking services may constitute unregistered securities offerings and has taken legal action against cryptocurrency platforms such as Kraken.

ETF issuers have understandably responded to these legal risks by excluding staking from their funds.

Despite these challenges, Horsley emphasized that it is too early to judge the long-term potential of Ethereum ETPs. He believes that “the story of Ethereum ETPs has just begun.”

Mentioned in this article
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Altcoin benefits of capital rotation

July 22, 2025

The future of EF ecosystem development

July 18, 2025

Tornado cash Roman storms insist on Doj Botched Key Telegram evidence.

July 14, 2025
Add A Comment

Comments are closed.

Recent Posts

Big Bob Slot -Self -There fish, bite wins!

July 23, 2025

XRP Holders Multiply Wealth 10X – Safely & Fast

July 23, 2025

Ethereum Based Meme Coin PEPETO Surpasses $5.5M In Presale

July 23, 2025

Crypto MEV Bot (Cryptomevbot.com) Launches Crypto Trading Bot For Individual And Enterprise Traders

July 23, 2025

Ether Leeum price rises

July 23, 2025

How to Start with Web3 and Crypto -Dew Prehtation

July 23, 2025

Use XRP To Mine BTC And DOGE? CryptoMiningFirm Launches New Cross-chain Cloud Mining Contract To Help Global Users Earn $8,150 A Day

July 23, 2025

MultiBank.io Partners With Fireblocks And Mavryk To Launch $10B Real Estate Tokenization Platform

July 23, 2025

Cango Inc. Announces Completion Of Secondary Acquisition And Appointment Of New Leadership Team

July 23, 2025

RWA And DEXs Thrive Despite Cooling Market Activity

July 23, 2025

Bybit And Cactus Custody Announce Strategic Partnership With Cactus Oasis Integration

July 23, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Big Bob Slot -Self -There fish, bite wins!

July 23, 2025

XRP Holders Multiply Wealth 10X – Safely & Fast

July 23, 2025

Ethereum Based Meme Coin PEPETO Surpasses $5.5M In Presale

July 23, 2025
Most Popular

Bybit Tomorrowland Brasil 2025-26 exclusive payment partner, card holder Free Sale launch

March 23, 2025

HKMA and HKUST cooperate to improve cyber security in Hong Kong finance.

May 29, 2025

Exploring the Future of Ethereum: Tokenization Use Cases

September 11, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.