The reports of "Genesis Cayman" indicate that the upward trend is leading some analysts to expect a significant influx of funds into Ethereum-based digital currency exchange-traded funds (ETFs), similar to the success of the Bitcoin Cash exchange-traded fund (ETF) launched in January. According to Farside Investors data, these funds have collected approximately $13 billion in managed assets since the launch of the Cash Bitcoin ETF in the United States. However, Bloomberg ETF analyst Eric Balchunas remains skeptical, noting that the Ethereum ETF may account for only 15% of the Bitcoin ETF's assets.

ETH-1.37%
BTC-1.24%
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