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PANews 29th May news, Cointelegraph reported on the X platform that, regarding the expected performance of the Ethereum Spot ETF, Bloomberg ETF analyst Eric Balchunas said that there is expected to be a "identical horse race", similar to the spot Bitcoin ETF, but with lower expected volume: "I would divide all the numbers you see on Bitcoin by about 10. So, in the next few weeks, the Ethereum Spot ETF may have a total volume of only about 1 to 2 billion US dollars."
However, Balchunas updated his opinion below this post, saying, "10 may be a bit too much."