🟢 According to Bloomberg ETF analyst Eric Balchunas, the SEC began meetings with potential issuers of Ethereum ETFs just days before the final decision deadline for the VanEck Ethereum ETF. Balchunas believes the process should be streamlined but doubts that Ethereum ETFs will achieve the same success as Bitcoin ETFs.
🟢 He expects Ethereum ETF assets to account for about 10-15% of Bitcoin ETF assets.